Determine the maximum annual benefis payable to a participant from a defined benefit plan in the following independent situations:
a. Frank, age 66, has been a partiipant for 17 years, and his highest average compensation for 3 years is $127,300.
b. Ellen, age 65, has bee a partiipant for 9 years (11 years of service), and her highest average compensation for 3 years is $102,600.