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The following information pertains to Hopson Co.'s pension plan: Projected benefit obligation at 1/1/21 $95,000 Assumed settlement rate 6% Service costs for 2021 $24,000 Benefits

The following information pertains to Hopson Co.'s pension plan: Projected benefit obligation at 1/1/21 $95,000 Assumed settlement rate 6% Service costs for 2021 $24,000 Benefits paid during 2021 $27,500 If no change in actuarial estimates occurred during 2021, Hopson's projected benefit obligation at December 31, 2021 was

A. $99,100. B. $98,700. C. $113,200. D. $97,200.

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