Presented Below Is Information Related to Kiwi Ltd The Fair Value of the Plan Assets at December 31

Presented below is information related to Kiwi Ltd. for calendar 2020. The corporation uses IFRS. $\begin{array}{ll}\text{ Defined benefit obligation , Jan 1 ................................ } & \$ 720,000 \\\text{ Fair value of plan assets, Jan 1 ................................ }& 700,000 \\\text{ Current service cost .................................................... } & 90,000 \\\text{ Contributions to plan ....................................................} & 125,000 \\\text{ Actual and expected return on plan assets ...................... } & 56,000 \\\text{ Past service costs (effective Jan 1) ................................} & 10,000 \\\text{ Benefits paid to retirees ...................................................} & 96,000 \\\text{ Interest (discount) rate ............................................} & 9\% \\ \end{array}$
The fair value of the plan assets at December 31, 2020 is

A) $ 785,000.
B) $ 805,000.
C) $ 819,000.
D) $ 875,000.