23) A company has a defined benefit pension asset of $1,050,000 at the beginning of the year. The company contributes $5,500,000 to the pension during the year and records a pension expense of $8,200,000. Â Required: Determine the value of the defined benefit pension liability at year-end. $1,650,000 cr 24) A company has a defined benefit pension liability of $3,750,000 at the end of the year. The company contributes $5,500,000 to the pension during the year and records a pension expense of $8,200,000. Â Required: Determine the value of the defined benefit pension liability at the beginning of the year. 25) A company has a defined benefit pension asset of $1,050,000 at the end of the year. The company contributes $2,500,000 to the pension during the year and records a pension expense of $2,200,000. Â Required: Determine the value of the defined benefit pension liability at the beginning of the year. 26) A company has a defined benefit pension liability of $1,650,000 at the end of the year. The company contributes $5,500,000 to the pension during the year and records a pension expense of $8,200,000. Â Required: Determine the value of the defined benefit pension liability at beginning of the year.