Sunland Corporation provides the following information about its defined benefit pension plan for the year 2023: Current service cost $225,400 Contribution to the plan 263,450 Past service cost, effective December 31, 2023 25,850 Actual return on plan assets 160,000 Benefits paid 106,700 Net defined benefit liability at January 1, 2023 412,000 Plan assets at January 1, 2023 1,600,000 Defined benefit obligation at January 1, 2023 2,012,000 Interest/discount rate on the DBO and plan assets 10%