Question: Nebb Company implemented a defined benefit pension plan for its employees. Nebb's contributions fully funded the plan. The following data are provided for 1999 and

Nebb Company implemented a defined benefit pension plan for its employees. Nebb's contributions fully funded the plan. The following data are provided for 1999 and 1998:

What amount should Nebb contribute in order to report an accrued pension liability of $3,750 in its December 31, 1999 balance sheet?
a. $12,500.
b. $15,000.
c. $18,750.
d. $25,000.

1999 Estimated 1998 Actual Projected benefit obligation, December 31.. Accumulated benefits obligation, December 31. Plan assets at fair value, December 31 Pension expense. $187,500 130,000 168,750 . 22,500 $175,000 125,000 150,000 18,750 12,500 Employer's contribution .?

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