The actuary for the pension plan of Pearl Inc. calculated the following net gains and losses. Incurred during the Year 2020 2021 2022 2023 (Gain) or Loss $301,600 475,200 (209,400) (291,500) Other information about the company's pension obligation and plan assets is as follows. Projected Benefit Plan Assets As of January 1, Obligation (market-related asset value) 2020 $3,969,700 $2,389,400 2021 4,475,900 2,190,800 2022 5,031,000 2,587,400 2023 4,233,100 3,031,200