1. A company has the following data related to their pension for the year 2020. Beginning PBO (1/1/20) Beginning Plan Assets (1/1/20) 2020 $4,750,000 $4,630,000 Beginning Pension Assets/Liability (1/1/20) $120,000 Cr. Service Cost Actual Return Expected Return Settlement Rate Contributions Benefits Paid $304,000 $231,000 6% 5% $280,000. $150,000 At 1/1/20, is the pension plan underfunded or overfunded? By how much? At 12/31/20, is the pension plan underfunded or overfunded? By how much? At 12/31/20, the final pension journal entry will include a (debit/credit) to Pension Asset Liability for