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The following information pertains to Apple Co.'s pension plan: Actuarial estimate of projected benefit obligations as of 1/1/09: 72000 Assumed discount Rate: 10% Service costs
The following information pertains to Apple Co.'s pension plan:
Actuarial estimate of projected benefit obligations as of 1/1/09: 72000
Assumed discount Rate: 10%
Service costs for 2009 18000
Pension benefits paid during 2009 15000
If NO change in actuarial estimates occurred during 2009, Apple's projected benefit obligation at December 31, 2009 was
a. 64200
b. 75000
c. 82200
d. 79200
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