On January 1,2014,Reason Co

Multiple Choice

On January 1,2014,Reason Co.estimated a projected benefit of $440,000 based on a settlement rate of 12 percent.Pension benefits paid to retirees totaled $60,000.Service costs for 2014 amounted to $148,000.The fair value of the plan assets were $350,000 and $400,000 on December 31,2013,and December 31,2014,respectively.The projected benefit obligation at December 31,2014,was

A) $528,000.
B) $580,800.
C) $630,800.
D) $640,800.