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Seadriller, Inc. discloses the following pension-related information: PBO (end of 2020): $210,000; benefits paid (during...

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Accounting

Seadriller, Inc. discloses the following pension-related information: PBO (end of 2020): $210,000; benefits paid (during 2020): $10,000; interest cost (during 2020): $8,000; the discount rate applied: 8%. What was the service cost during 2020

a.

$12,000
b.

$2,000
c.

$52,000
d.

$112,000

e.

$32,000

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