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The Maggie Company has a defined benefit pension plan for its employees. The following information pertains to the pension plan as of December 31,...

The amount of the December 31, 2014, projected benefit obligation is A. $2,515,400 B. $2,270,400 C. $2,530,000 D. $2,420,400

I know the answer is "C" can you explain how that is the correct answer???

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