The following defined pension data of Doreen Corp. apply to the year 2020.

Defined benefit obligation, 1/1/20 (before amendment).......................................$560,000
Plan assets, 1/1/20.........................................................................................................546,200
Pension asset/liability......................................................................................................13,800 Cr.
On January 1, 2020, Doreen Corp., through plan amendment,
grants past service benefits having a present value of...........................................120,000
Discount rate.........................................................................................................................9%
Service cost.....................................................................................................................58,000
Contributions (funding).................................................................................................65,000
Actual return on plan assets.........................................................................................49,158
Benefits paid to retirees................................................................................................40,000

Instructions

For 2020, prepare a pension worksheet for Doreen Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts.