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$14$

Pawliczek Company has a defined benefit pension plan. On December $31($the end of the fiscal year$),$ the company received the PBO report from the actuary. The following information was included in the report: ending PBO,$$118,000$; benefits paid to retirees, $$14,000$; interest cost, $$7,800.$ The discount rate applied by the actuary was $10\%.$ What was the beginning PBO?

$01$:$03$:$08$

Multiple Choice

$$104,000$

$$78,000$

$$110,200$

$$111,800$