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The Daniel Verde Company sponsors a defined benefit pension plan. The following information pertains to that plan: Projected benefit obligation at Jan 1, 2016 $280,503

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The Daniel Verde Company sponsors a defined benefit pension plan. The following information pertains to that plan: Projected benefit obligation at Jan 1, 2016 $280,503 Service cost for 2016 23,606 Retiree benefits paid (end of year) 17,384 Discount rate 8% No change in actuarial estimates occurred during 2016. What is DVC's projected benefit obligation at December 31, 20167

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