Time left 2:48:33 Question 6 Not yet answered Marked out of 1.00 Flag question Question text Presented below is information related to Kiwi Ltd. for calendar 2020. The corporation uses IFRS.

Defined benefit obligation, Jan 1................................. $ 720,000

Fair value of plan assets, Jan 1..................................... 700,000

Current service cost...................................................... 90,000

Contributions to plan................................................... 125,000

Actual and expected return on plan assets................. 56,000

Past service costs (effective Jan 1)............................... 10,000

Benefits paid to retirees............................................... 96,000

Interest (discount) rate................................................. 9%

The balance of the defined benefit obligation at December 31, 2020 is

Question 6Select one:

a. $ 779,700.

b. $ 789,700.

c. $ 724,000..

d. $ 778,800.