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Sunland Corporation received the following report from its actuary at the end of the year: December 31, 2017 December 31, 2018 Projected benefit obligation $4288000

Sunland Corporation received the following report from its actuary at the end of the year:

December 31, 2017 December 31, 2018

Projected benefit obligation $4288000 $4700000

Accumulated benefit obligation 2894000 3254000

Fair value of pension plan assets 3054000 3174000

The amount reported as the pension liability at December 31, 2018 is

a)$4700000.

b)$1526000.

c)$1446000.

d)$3254000.

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