$1.$ On January $1,2021,$Ivanhoe$$Co$.$ has the following balances: Projected benefit obligation $$ $$3000000$ Fair value of plan assets $2500000$ The settlement rate is$9\%.$ Other data related to the pension plan for $2021$ are: Service cost $$ $$290000$ Amortization of prior service costs due to increase in benefits $90000$ Contributions $490000$ Benefits paid $215000$ Actual return on plan assets $385000$ Amortization of net gain $29000$ The balance of the projected benefit obligation at December $31,2021$ is what amount?