Spath Company adopted a noncontributory defined benefit pension plan on January 1, 2016. Spath uses the benefit/yearsof-service method, which results in the following information:

2016 2017

Service Cost $300,000 $450,000

Amount funded $240,000 $390,000

Discount Rate 10% 10%

Expected Rate of Return 10% 10%

The actual rate of return is equal to the expected return, and the company has not made any payments to retirees.

As of December 31, 2017, what is the balance in the Pension Plan Asset Fund?

	a.	$456,000
	b.	$630,000
	c.	$654,000
	d.	$840,000