value: 10.00 polnts Sachs Brands' defined benefit pension plan specifies annual retirement benefits equal to: 1.4% x service years final years salary payable at the end of each year Angela Davenport was hired by Sachs at the beginning of 2002 and is expected to retire at the end of 2036 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $82,000 at the end of 2016 and the company's actuary projects her salary to be $240,000 at retirement. The actuary's discount rate is 8% company's actuary projects her salary to be $240,000 at retirement The actuarys discount rate is 896 factor(s) from the tables provided.) FVA of $1. PVA of $1, FVAD of S1 and PVAD of $1) (Use appropriate Required: 1. What is the company's projected benefit obligation at the beginning of 2016 (after 14 years' service) with respect to Davenport? Project benefit obligation 2. Estimate by the projected benefts approach the portion of Davenports annual retirement payments attributable to 2016 service nual retirement payments 3. What is the company's service cost for 2016 with respect to Davenport? Service cost