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The Harvest Company sponsors a defined benefit pension plan. The following information pertains to that plan: Projected benefit obligation at January 1, 2018, $200 million;
The Harvest Company sponsors a defined benefit pension plan. The following information pertains to that plan: Projected benefit obligation at January 1, 2018, $200 million; Service cost for 2018, $25 million: Retiree benefits paid (end of year), $30 milion: Discount rate, 5%. No change in actuarial estimates occurred during 2018. What is Harvest's projected benefit obligation at December 31, 2018? O $195 million O $198 million O $200 million O $205 million
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