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What amount should be reported as pbo

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Reference no: EM133076246

Question - Maine provided the following information related to pension plan:

Actuarial estimate of PBO @ 1/1/18 P72,000

Assumed Discount Rate 10%

Service Cost for 2018 18,000

Pension Benefits paid during 2018 15,000

No change in actuarial estimates occurred during 2018. What amount should be reported as PBO on 12/31/18?

Reference no: EM133076246

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