The fair value of the plan assets on $01$ January $2022$ was R$51200.$ At $01$January $2022,$ the expected rate of return on these assets was estimated to be $8\%.$ The expected rate of return and all actuarial assumptions remained unchanged throughout $2022.$

$2022$

R

Current contributions $9000$

Benefits paid to employees $5000$

Salaries paid to employees $140000$

Employee contributions paid into the plan $10000$

Employees tax paid $60000$

Required:

Calculate the net defined benefit plan asset at $31$ December $2022.$