Francisco Company has established a defined benefit pension plan for its lone employee, Derrald Ryan. Annual payments
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1. What is the amount of the annual pension payment that should be used in computing Francisco's accumulated benefit obligation (ABO) as of January 1, 2013?
2. What is the amount of the annual pension payment that should be used in computing Francisco's projected benefit obligation (PBO) as of January 1, 2013?
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