The following information is given about a funded defined benefit plan of ROYCE Company. On January 1, 20x6, ROYCE Company initiated a pension plan for its employees. The company's actuary estimates that the present value of the retroactive benefits related to this pension plan amounts to The remaining service life of the covered active employees is 10 years. Relevant data for 20x6 to 20x9 are as follows: Current service cost Expected settlement rate Funding made at December 31 Expected rate of return Actual return on plan assets (PA) Market value of PA at December 31 Actuarial DEO at December 31 20x6 "68,000 8% P150,ooo 20x7 P100,ooo 10K P165,ooo 10% P15,OOO P330,ooo "650,000 20X8 12% P146,ooo 14% psoo,ooo 20x9 P210,ooo 5% P300,ooo P825,ooo Benefits paid to employees during 20xg amounts to p 100,000 NOTE: Dao Defined Benefit Obligation