The Shelast Corporation adopted a defined benefit pension plan on January 1,2014 and has provided the following information:
• The projected benefit obligation on January 1,2014 was $2,160,500.
• The 2014 service cost totaled $250,000;the 2015 service cost totaled $275,000.
• Annual amortization of prior service costs is $216,050.
• The settlement/discount rate is 10%.
• The pension plan funding during 2014 was $200,000;the pension plan funding during 2015 was $225,000.
• The actual return on plan assets was $19,000 during 2015.
What is the projected benefit obligation balance as of December 31,2015?

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The Answer of The Shelast Corporation adopted a defined benefit pension plan on January 1,2014 and has provided the following information:
• The projected benefit obligation on January 1,2014 was $2,160,500.
• The 2014 service cost totaled $250,000;the 2015 service cost totaled $275,000.
• Annual amortization of prior service costs is $216,050.
• The settlement/discount rate is 10%.
• The pension plan funding during 2014 was $200,000;the pension plan funding during 2015 was $225,000.
• The actual return on plan assets was $19,000 during 2015.
What is the projected benefit obligation balance as of December 31,2015?

The Shelast Corporation Adopted a Defined Benefit Pension Plan on January