Ch 17 HW. Part 2 Help Seve & Submit Check my work 11 0.75 pores Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 125 service years final year's salary payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2007 and is expected to retire at the end of 2041 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $85.000 at the end of 2021 and the company's actuary projects her salary to be $255.000 at retirement. The actuary's discount rate is 7%. (EVS1. Pof S1. EVASI. PVA OS1. EVAD of S1 and PVAD 50 (Use appropriate factor(s) from the tables provided.) Required: 2. Estimate by the projected benefits approach the amount of Davenport's annual retirement payments earned as of the end of 2021 3. What is the company's projected benefit obligation at the end of 2021 with respect to Davenport? (Do not found intermediate Calculations. Round your final answer to the nearest whole dollar) 4. I no estimates are changed in the meantime, what will be the company's projected benefit obligation at the end of 2024 hree years later) with respect to Davenport? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar) Block 2 Anual retirement payments 3. Projected benefit obligation 2021 4. Projected benefit obligation 2024 Ch 17 HW. Part 2 Help Seve & Submit Check my work 11 0.75 pores Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 125 service years final year's salary payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2007 and is expected to retire at the end of 2041 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $85.000 at the end of 2021 and the company's actuary projects her salary to be $255.000 at retirement. The actuary's discount rate is 7%. (EVS1. Pof S1. EVASI. PVA OS1. EVAD of S1 and PVAD 50 (Use appropriate factor(s) from the tables provided.) Required: 2. Estimate by the projected benefits approach the amount of Davenport's annual retirement payments earned as of the end of 2021 3. What is the company's projected benefit obligation at the end of 2021 with respect to Davenport? (Do not found intermediate Calculations. Round your final answer to the nearest whole dollar) 4. I no estimates are changed in the meantime, what will be the company's projected benefit obligation at the end of 2024 hree years later) with respect to Davenport? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar) Block 2 Anual retirement payments 3. Projected benefit obligation 2021 4. Projected benefit obligation 2024