1 On January 1, 2018, B Company had a Projected Benefit Obligation of $375,000, Plan Assets of $200,000, AOCI: PSC of $160,000, and AOCI: Loss of $250,00. The following additional information is available Annual service cost Settlement/Discount rate Expected earnings rate Actual return on assets Funding Benefits paid to retirees Gain or loss, if necessary, is amortized over 10 yrs. PSC is being amortized $20,000 per year Instructions: a. Prepare the journal entries to record the pension expense. It might help to use a pension worksheet. b. Determine the ending balance for PBO, Plan Assets, and the net pension obligation. $70,000 9% 11% $10,000 $90,000 $75,000