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The following information pertains to Knight's pension plan: Projected benefit obligation (PBO) as of 12-31-20 was $800,000 cr Settlement rate for 2021 was 10% Service

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The following information pertains to Knight's pension plan: Projected benefit obligation (PBO) as of 12-31-20 was $800,000 cr Settlement rate for 2021 was 10% Service costs for 2021 were $60,000 Pension benefits paid during 2021 were $75,000 During 2021, Knight made a $25,000 annual funding contribution During 2021, the actuary did not change any of his/her actuarial estimates What will Knight's PBO be as of 12-31-21

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