TB MC Qu$.17-85($Algo$)$ Hollingsworth Company has a$...$

Hollingsworth Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: beginning PBO, $$73,000$; service cost, $$17,800$; interest cost, $$4,800$; benefits paid for the year, $$9,000$; ending PBO, $$86,600$; the expected return on plan assets, $$9,800$; and cash deposited with pension trustee, $$15,000.$ There were no other pensionrelated costs. The journal entry to record the annual pension costs will include a credit to the PBO for:

Multiple Choice

$$22,600.$

$$15,000.$

$$12,800.$