P19.4 The following information is available for HTM Corporation’s defined benefit pension plan:    2020    2021    2022 Defined benefit obligation, opening  balance, accounting basis $175,000 ? ? Fair value of plan assets 165,000 ? ? Current service cost 35,000 $47,250 $52,500 Discount rate 7% 7% 7% Actual return earned on plan assets 8% 6% 7% Contributions (funding) 44,000 44,000 44,000 Benefits paid to retirees 24,000 26,000 28,000 On January 1, 2020, HTM Corp. amended its pension plan, resulting in past service costs with a present value of $78,000. Instructions a. Calculate the pension plan’s surplus or deficit and the pension liability or asset reported on the December 31, 2020, 2021, and 2022 statements of financial position assuming that HTM Corp. accounts for its pension plan under ASPE. Round to the nearest dollar. b. Calculate all the components, and the total pension expense for 2020, 2021, and 2022, assuming that HTM Corp. accounts for its pension plan under ASPE. c. Identify the pension plan’s surplus or deficit and the pension liability or asset reported on the December 31, 2020, 2021, and 2022 statements of financial position assuming that HTM Corp. accounts for its pension plan under IFRS. d. Calculate pension expense and any remeasurement (gain) loss—OCI for 2020, 2021, and 2022 assuming that HTM Corp. accounts for its pension plan under IFRS. Round to the nearest dollar. e. Compare the results obtained in parts (b) and (d). Comment. Which method results in a better measure of expense over the three-year period? f. Which method results in a better measure of the plan surplus or deficit that is reported on the SFP?