Question 18 Skysong Inc. has a defined benefit plan for its employees. On December 31, 2019 the company's records showed the following information related to the plan: Pension plan assets $838,000 Defined benefit obligation 911,000 All employees are expected to receive benefits under the plan. The company's actuary provided the following information as at December 31, 2020: Current year service cost $173,000 Past service benefits, granted July 1, 2020 30,000 Discount rate 5% Actual return on assets 6% Contributions for the year 261,000 Benefits paid to retirees 123,000