Prаirie Nоrth Ltd. mаintаins a defined benefit pensiоn plan.At December 31:Emplоyees have already provided service that entitles them to pension benefits payable after retirement.Prairie North is presently obligated under the pension plan to provide those benefits.Investments have been placed in a separate pension trust and are restricted to paying benefits under the plan.Employees are expected to provide additional service next year and earn additional pension benefits at that time.Which statement correctly applies the definitions of assets and liabilities?