Mila Enterprises Ltd. provides the following information about its defined benefit pension plan:

Instructions
(a) Calculate the January 1, 2017 balances for the pension-related accounts if Mila follows IFRS.
(b) Prepare the required disclosures that would be required if Mila's common shares were traded on the Toronto Stock Exchange.

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Balances or Values at December 31, 2017 Defined benefit obligation Vested benefit obligation Fair value of plan assets Other pension plan data $2,737,000 1,645,852 2,278,329 Current service cost for 2017 Actual return on plan assets in 2017 Return on plan assets in 2017 using discount rate Interest on January 1, 2017 defined benefit obligation Funding of plan in 2017 Benefits paid 94,000 130,000 219,600 253,000 92,329 140,000