The following information pertains to Zion Company's defined benefit pension plan: estion 10 et yet swered ants out of 0 Net Pension asset, January 1 Year 1 Service cost Interest cost Actual and expected retum on plan assets Amortization of prior service cost anising in a prior period Employer contributions Flag question $2,000 $30 000 $40.000 $22.000 $52,000 $17,000 In its December 31, Year 1, balance sheet, what amount should Zion report as the Net Pension Asset/Liability? Select one: O a. $7,000 asset O b. $15,000 liability O c. $29,000 liability d. $52,000 liability O e. $5,000 asset Clear my choice