On January 1, 2019, ABC Co. provided these data concerning its defined benefit plan: Fair value of plan assets 9,500,000 Defined benefit obligation 12,000,000 Prepaid/accrued benefit cost-credit 2,500,000 The transactions for 2019 are as follows: Current serice cost Actual return on plan assets Contribution to the plan Benefits paid to retirees Increase in defined benefit plan due to change in actuarial assumptions Present value of defined benefit obligation Settlement price of defined benefit obligation Discount ratae 1,800,000 1,100,000 2,700,000 2,000,000 150,000 600,000 800,000 10% How much is the Prepaid/accrued benefit cost on December 31, 2019