In 2010, the Barbara Company Initiated a Defined Benefit Pension

In 2010, the Barbara Company initiated a defined benefit pension plan.It recorded $240, 000 as pension expense and paid $280, 000 to a funding agency.As a result, Barbara will report

A) pension assets of $280, 000 and pension liabilities of $240, 000
B) an accrued liability of $50, 000
C) service cost of $280, 000 and unfunded prior service cost of $40, 000
D) prepaid pension cost of $40, 000
E) none of these