Zio Ltd. established a defined contribution pension plan at the beginning of 209. The company will contribute 3% of each employee's salary annually. Total salaries in 209 were expected to be $7.8 million. Accordingly, Zio paid $234,000 into the fund. After the yearend, it was determined that actual salaries were $6.4 million. Interest rates are in the range of 6%. (PV of \$1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. This part of the question is not part of your Connect assignment. 2. Assume instead that Zio has agreed to pay $288,000 into the fund at the end of 209. During 209, an employee left the company, forfeiting $34,000 of unvested pension benefits earmarked in the pension fund. Calculate the payment to the fund and the pension expense. (Enter answers in whole dollar, not in million.) Zio Ltd. established a defined contribution pension plan at the beginning of 209. The company will contribute 3% of each employee's salary annually. Total salaries in 209 were expected to be $7.8 million. Accordingly, Zio paid $234,000 into the fund. After the yearend, it was determined that actual salaries were $6.4 million. Interest rates are in the range of 6%. (PV of \$1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. This part of the question is not part of your Connect assignment. 2. Assume instead that Zio has agreed to pay $288,000 into the fund at the end of 209. During 209, an employee left the company, forfeiting $34,000 of unvested pension benefits earmarked in the pension fund. Calculate the payment to the fund and the pension expense. (Enter answers in whole dollar, not in million.)