Retiree benefits paid out are less than expected. QUESTION 22 Scallion Company received the following reports of its defined benefit pension plan for the current calendar year PBO Plan assets Balance, January 1 $400, 000 Balance, January 1 250, $ 000 195, 30.0 Service cost Actual retum 000 00 32.0 110, Interest cost Annual contribution 00 000 Benefits paid (80,0, (80.0 Benefits paid 00 Balance, December 31 547 Balance, December 31 000 $ 00 310. 000 The long-term expected rate of return on plan assets is 10%. Assuming no other data are relevant, what is the pension expense for the year? $227,000. O $172.000 $197,000 $202,000 QUESTION 23 Since the lease payments under a lease agreement are normally paid at the beginning of each period, the appropriate compound interest table to be used to determine the amount at which the right-of-use asset should be recorded is the O Present value of an annuity due table 1.75 points Save A 1.75 points Save A