Current Attempt in Progress

On January $1,2026,$ Cullumber Co$.$ has the following balances:

Projected benefit obligation $$3550000$

Fair value of plan assets $,3050000$

The settlement rate is $11\%.$ Other data related to the pension plan for $2026$ are:

Service cost

$$301000$

Amortization of prior service costs due to increase in benefits

$101000$

Contributions

$501000$

Benefits paid

$226000$

Actual return on plan assets

$396000$

Amortization of net gain

$30100$

The balance of the projected benefit obligation at December $31,2026$ is

$$4015500.$

$$4241500.$

$$3940500.$

$$3987500.$