The projected benefit obligation was 80 million at the


Question - The projected benefit obligation was $80 million at the beginning of the year. Service cost for the year was $10 million. At the end of the year, pension benefits paid by the trustee were $6 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary's discount rate was 5%.

What was the amount of the projected benefit obligation at year-end?

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Accounting Basics: The projected benefit obligation was 80 million at the
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