The following data pertains to Hall Co.'s definedbenefit pension plan at December 31, year 2:

Unfunded projected benefit obligation$25,000Unrecognized prior service cost12,000Net periodic pension cost8,000

Hall made no contributions to the pension plan during year 2. At December 31, year 2, what amount should Hall record as pension liability on the balance sheet?

Group of answer choices

$5,000

$13,000

$17,000

$25,000