Use the following to answer question 16: Foster Corporation received the following report from its actuary at the end of the year: $4,400,000 2,960,000 2,880,000 Projected benefit obligation Accumulated benefit obligation Fair value of pension plan assets $4,000,000 2,600,000 2,760,000 Page 4 6. The amount reported as the pension liability at December 31, 2018 is A) $4,400,000 B) S2,960,000 C) $1,440,000 D) $1,520,000 Use the following to answer question 15: The following information relates to Jackson, Inc.: For the Year Ended December 31 2017 2018 Plan assets (at fair value) Pension expense $2,040,000 $2,736,000 675,000 2,901,000 675,000 855,000 2,430,000 Projected benefit obligation Annual contribution to plan 900,000 720,000 Accumulated OCI (PSC) 630,000 15. The amount reported as the liability for pensions on the December 31, 2017 balance sheet is B) $45,000 C) S390,000. D) S345,000 14. Presented below is information related to Noble Inc. as of December 31, 2018. $ 120,000 4,870,000 4,560,000 2,160,000 4,472,000 Accumulated OCI (G/L) Projected benefit obligation Accumulated benefit obligation Vested benefits Plan assets (at fair value) Accumulated OCI (PSC) -0 The amount reported as the pension liability on Noble's balance sheet at December 31 2018 is A) S -0 B) $88,000. C) S310,000 D) S398,000