1.) Calculate the 2019 interest cost.

2.) Calculate the 2019 expected return on plan assets.

3.) Calculate the 2019 actual return on plan assets.

4.) Calculate the 2019 adjustment for gain or loss.

5.) Calculate the 2019 amortization of prior service cost.

6.) Calculate the 2019 amortization of the net loss.

7.) A loss on assumption changes has what impact on regular net income? Increase, decrease, or no impact.

8.) What amount should be debited to pension expense for 2019?

9.) What is the amount of the increase or decrease in the net pension liability for 2019?

10.) What is the net pension asset or liability at the end of the year?

Interest (Cost) Rate Expected rate of return on plan assets Actual rate of return on plan assets Beginning of year balance in CASH 3.0% 4.0% 5.0% $ 126,000 Projected benefit obligation at the beginning of 2019 Service cost, 2019 Loss (gain) on PBO for assumption changes Less: Benefits paid to retirees during the year $ 370,440 $ 35,784 3.528 $ (50,400) Plan assets at the beginning of the year Cash contributions to the pension plan in 2019 Less: Benefits paid to retirees during the year $ 297,360 $ 44,352 $ (50,400) Additional information reported from the actuary and plan trustee: $ $ Prior Service Costs incurred beginning of 2018 Beginning of year balance in AOCI for Net Loss Average remaining service years of employees Beginning of year balance in AOCI for PSC 32,760 44,100 7 years 28,668 $