10.00 points The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2016: (S in 000s) Jan. 1 Dec. 31 S4,100 $4,380 3,715 3,950 4,530 4,975 Projected benefit obligation Accumulated benefit obligation Plan assets (fair value) Interest (discount) rate, 796 Expected return on plan assets, 10% Prior service cost-AOCI (from Dec. 31, 2015, amendment) Net loss-AOCI Average remaining service life: 12 years Gain due to changes in actuarial assumptions Contributions to pension Pension benefits paid (end of year) 840 477 fund (end of year) 340 295 What is the net periodic pension expense for the year? Is this a net pension asset or a net pension liability?(Click to s Here is a template What is the ending net pension asset/liability for the year? can use to solve this Journal Entries Memo Entries PBO (CR) Pension Expense (DR) Cash (DR) AOCI G(CR) (DR) Prior Service Net Pension Asset(DR) Liab. (CR) Plan Assets Cost (DR) Beg Balance Service Cost Interest Cost Actual/Exp Ret PSC Amort G/L Amort New PSC G/L Contribution Benefits Paid Joumal Entry End Balance