Question: Don't copy and use bot I will vote the answer if copy or bot use then downvote for sure. I need typed answer with explanation.

Don't copy and use bot I will vote the answer if copy or bot use then downvote for sure. I need typed answer with explanation.

On January 1, 2021, Ravetch Corporation's projected benefit obligation was $40 million. During 2021, pension benefits paid by the trustee were $4 million. Service cost for 2021 is $19 million. Pension plan assets (at fair value) increased during 2021 by $6 million as expected. At the end of 2021, there were no pension-related other comprehensive income (OCI) accounts. The actuary's discount rate was 10%.

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