The Harvest Company sponsors a defined benefit pension plan. The following information pertains to that plan: Projected benefit obligation at January 1, 2019, $250 million; Service cost for 2019, $30 million; Retiree benefits paid (end of year), $35 million; Discount rate, 6%. No change in actuarial estimates occurred during 2019. What is Harvest’s projected benefit obligation at December 31, 2019?

a. $195 million
b. $198 million
c. $200 million
d. $205 million