The Lehmann Corp

The Lehmann Corp. has a defined benefit pension plan. The actuaries say that the value of the liabilities to current and future retirees is $200 million. The pension plan now has a variety of investments, which cost $170 million and have a fair value of $190 million. The Lehmann Corp.'s balance sheet should show:

A) Pension-related assets of $170 million and pension liabilities of $200 million
B) Pension-related assets of $190 million and pension liabilities of $200 million
C) A net pension liability of $30 million
D) A net pension liability of $10 million