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Jen has been employed by Komp, Inc. since February 1, year
1. Jen is covered by Komp’s Section 401(k) deferred compensation
plan. Jen’s contributions have been 10% of salaries. Komp
has made matching contributions of 5%. Jen’s salaries were
$21,000 in year 1, $23,000 in year 2, and $26,000 in year 3. Employer
contributions vest after an employee completes three
years of continuous employment. The balance in Jen’s 401(k)
account was $11,900 at December 31, year 3, which included
earnings of $1,200 on Jen’s contributions. What amount should
be reported for Jen’s vested interest in the 401(k) plan in Jen’s
December 31, year 3 personal statement of financial condition?