111 7 Skipped Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2021 the end of Beale's fiscal year), the following pension-related data were available Balance, January 1, 2821 Service cost Interest vast, discount rate, Gain to changes in actuarial assumption 2021 Pension benefits paid 26 36 (16) $776 Balance, December 31, 2021 eBook H Plan Assets Balance, January 1, 2021 $749 Actual return on plan assets (Expected return on plan assets, $51) Cash contributions Pension benefits paid Balance, December 31, 2021 5937 January 1, 2021, Pension asse Prior service cost-ACE (rtization 16 per year) Set gain-1 (any amortization over 1 yrs) Required: $20 3 114 1. to 3. Prepare the 2021 journal entries to record pension expense, to record any 2021 gains and losses and the contribution to plan assets and benefit payments to retirees. 4. Determine the balances at December 31, 2021, in the PB0, plan assets, the net gas-AOCL and prior service cost-ADC You might find T-accounts useful) Help Save & Exi Check Balance, December 31, 2021 Plan Assets Balance, January 1, 2021 Actual return on plan assets (Expected return on plan assets, $51) Sapped Cash contributions block Balance, December 31, 2021 HE Pension benefits paid (in) $740 40 106) (201 1776 Prior service cost-doc (mortization 16 per year) Net gain-A0C1 (any amortization over 10 years) Required: 114 1. to 3. Prepare the 2021 journal entries to record pension expense, to record any 2021 gains and losses and the corhibution to plan assets and benefit payments to retirees 4. Determine the balances at December 31, 2021, in the PBO, plan assets the net gain-AOCL, and prior service cost-ADCint. You might find T-accounts useful.] 5. What amount will Beale report in its 2021 balance sheet as a net pension asset or net pension labeity for the funded status of the plan? Complete this question by entering your answers in the tabs below.