Stanley-Morgan industries adopted a defined benefit pension plan on April 12, 2024. The provisions of the plan were not made retroactive to pilor 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 105 in 2024 and 2025: A consulting firm, engaged as actuafy, recommends 6% as the appropriate discount rate. The service cost is $200,000 for 2024 and $300,000 for 2025 . Yeat-end funding is $210,000 for 2024 and $220,000 for 2025 No assumptions or estimates were revised during 2024 "We assume the estimated retum was based on the actual retutn on similar investments at the inception of the plan and that, since the estimate didnt 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 (Le, 200,000 should be entered as 200). Enter a liability as a negative amount. Stanley-Morgan industries adopted a defined benefit pension plan on April 12, 2024. The provisions of the plan were not made retroactive to pilor 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 105 in 2024 and 2025: A consulting firm, engaged as actuafy, recommends 6% as the appropriate discount rate. The service cost is $200,000 for 2024 and $300,000 for 2025 . Yeat-end funding is $210,000 for 2024 and $220,000 for 2025 No assumptions or estimates were revised during 2024 "We assume the estimated retum was based on the actual retutn on similar investments at the inception of the plan and that, since the estimate didnt 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 (Le, 200,000 should be entered as 200). Enter a liability as a negative amount