(Basic Pension Worksheet) The following defined pension data of Doreen Corp. apply to the year 2011.

Projected benefit obligation, 1/1/11 (before amendment) $560,000 Plan assets, 1/1/11 546,200 Pension liability 13,800 On January 1, 2011, Doreen Corp., through plan amendment, grants prior service benefits having a present value of 100,000 Settlement rate 9%

Service cost 58,000 Contributions (funding) 55,000 Actual (expected) return on plan assets 52,280 Benefits paid to retirees 40,000 Prior service cost amortization for 2011 17,000 Instructions For 2011, 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.