20. A company has a defined benefit pension plan for its employees. On December 31, year 1, the accumulated benefit obligation is $45,900, the projected benefit obligation is

$68,100, and the fair value of the plan assets is $62,000.

What amount, if any, related to the defined benefit plan should be recognized in the balance sheet at December 31, year 1?

a. An asset of $16,100.

b. A liability of $6,100.

c. Nothing, as the fair value of the plan assets exceeds the accumulated benefit obligation.

d. An unrealized loss of $6,100.