Rogan Corp., a company whose stock is publicly traded, provides a noncontributory defined-benefit pension plan for its employees. The company's actuary has provided the following information for the year ended December 31, 2021:

Projected benefit obligation $730,000

Accumulated benefit obligation 545,000

Fair value of plan assets 860,000

Service cost 240,000

Interest on projected benefit obligation 24,000

Amortization of prior service cost 60,000

Expected and actual return on plan assets 82,500

The market-related asset value equals the fair value of plan assets. No contributions have been made for 2021 pension cost. In its December 31, 2021 balance sheet, Rogan should report a pension asset / liability of

	a.	Pension asset of $860,000
	b.	Pension liability of $545,000
	c.	Pension asset of $130,000
	d.	Pension liability of $730,000