At December 31, 2019, Bashful Corporation had a projected benefit obligation of P5,600,000, plan assets of P3,220,000, and prior service cost of P1,270,000 in accumulated other comprehensive income....

At December 31, 2019, Bashful Corporation had a projected benefit obligation of P5,600,000, plan assets of P3,220,000, and prior service cost of P1,270,000 in accumulated other comprehensive income. Determine the pension asset/liability at December 31, 2019.