You are the auditor of Sheridan in the Canadian subsidiary of a public multinational engineering company that offers a defined benefit pension plan to its eligible employees. Employees are permitted to join the plan after two years of employment, and benefits vestimmediately. You have received the following information from the fund trustee for the year ended December 31, 2020 Discount rate Rate of compensation increase 5% 3% Defined Benefit Obligation Dehned benefit obligation at January 1, 2020 Current service cost Interest cost Benefits paid Actuarial loss, end of period $11.097.860 442.450 554,893 830,303 618,894 Plan Assets Fair value of plan assets at January 1 2020 Actual return on plan assets, net of experises Employer contributions Employee contributions Benefits paid 8.454500 1.195,870 471060 75.888 830,303 You are the auditor of Sheridan in the Canadian subsidiary of a public multinational engineering company that offers a defined benefit pension plan to its eligible employees. Employees are permitted to join the plan after two years of employment, and benefits vestimmediately. You have received the following information from the fund trustee for the year ended December 31, 2020 Discount rate Rate of compensation increase 5% 3% Defined Benefit Obligation Dehned benefit obligation at January 1, 2020 Current service cost Interest cost Benefits paid Actuarial loss, end of period $11.097.860 442.450 554,893 830,303 618,894 Plan Assets Fair value of plan assets at January 1 2020 Actual return on plan assets, net of experises Employer contributions Employee contributions Benefits paid 8.454500 1.195,870 471060 75.888 830,303