Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to $1\mathrm{.}5\%$ service years $$ final year's salary,

payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of $2010$ and is expected to retire at the end of

$2044$ after $35$ years' service. Her retirement is expected to span $18$ years. Davenport's salary is $$98,000$ at the end of $2024$ and the

company's actuary projects her salary to be $$320,000$ at retirement. The actuary's discount rate is $8\%.$

Note: Use tables, Excel, or a financial calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

Required:

What is the company's projected benefit obligation at the beginning of $2024($after $14$ years' service$)$ with respect to Davenport?

Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar.

Estimate by the projected benefits approach the portion of Davenport's annual retirement payments attributable to $2024$ service.

What is the company's service cost for $2024$ with respect to Davenport?

Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar.

What is the company's interest cost for $2024$ with respect to Davenport?

Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar.

Combine your answers to requirements $1,3,$ and $4$ to determine the company's projected benefit obligation at the end of $2024($after

$15$ years' service$)$ with respect to Davenport.

Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar.Stanley$-$Morgan Industries adopted a defined benefit pension plan on April $12,2024.$ The provisions of the plan were not made

retroactive to prior years. A local bank, engaged as trustee for the plan assets, expects plan assets to earn a $10\%$ rate of return. The

actual return was also $10\%$ in $2024$ and $2025.{?}^{**}$ A consulting firm, engaged as actuary, recommends $6\%$ as the appropriate discount

rate. The service cost is $$250,000$ for $2024$ and $$340,000$ for $2025.$ Year$-$end funding is $$260,000$ for $2024$ and $$270,000$ for $2025.$

No assumptions or estimates were revised during $2024.$

$*$We assume the estimated return was based on the actual return on similar investments at the inception of the plan and that, since the

estimate didn't change, that also was the actual rate in $2025.$

Required:

Calculate each of the following amounts as of both December $31,2024,$ and December $31,2025$:

Note: Enter your answers in thousands $($i$.$e$.,200,000$ should be entered as $200).$ Enter a liability as a negative amount.