Use the following information for questions.
On January 1, 2011, Parks Co.has the following balances:
The discount rate is 10%.Other data related to the pension plan for 2011 are:
-The balance of the defined benefit obligation at December 31, 2011 is
A) $4,572,000.
B) $4,590,000.
C) $4,629,000.
D) $4,635,000.
Correct Answer:
Verified
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