Taveras Enterprises provides the following information relative to its defined benefit pension plan.

Balances or Values at December 31, 2014

Projected benefit obligation ………. $2,737,000

Accumulated benefit obligation ……… 1,980,000

Fair value of plan assets ………… 2,278,329

Accumulated OCI (PSC) …………. 210,000

Accumulated OCI—Net loss (1/1/14 balance, –0–) …. 45,680

Pension liability ……………. 458,671

Other pension plan data for 2014:

Service cost ……………… 94,000

Prior service cost amortization ………… 42,000

Actual return on plan assets ………… 130,000

Expected return on plan assets ……….. 175,680

Interest on January 1, 2014, projected benefit obligation . 253,000

Contributions to plan ……………. 93,329

Benefits paid ……………… 140,000



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