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13 -195 View Policies Current Attempt in Progress The following facts apply to the pension plan of Riverbed Inc. for the year 2020. Plan assets,

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13 -195 View Policies Current Attempt in Progress The following facts apply to the pension plan of Riverbed Inc. for the year 2020. Plan assets, January 1, 2020 Projected benefit obligation, January 1, 2020 Settlement rate Service cost Contributions (funding) Actual and expected return on plan assets Benefits paid to retirees $536,500 536,500 8 % 40,900 23,200 53,600 36,500 Using the preceding data, compute pension expense for the year 2020. As part of your solution, prepare a pension worksheet that shows the journal entry for pension expense for 2020 and the year-end balances in the related pension accounts. (Enter all amounts as positive.) RIVERBED Pension Workshe General Journal Entries Annual Pension Expense Items Cash Balance, January 1, 2020 S w Using the preceding data, compute pension expense for the year 2020. As part of your solution, prepare a pension worksheet that shows the journal entry for pension expense for 2020 and the year-end balances in the related pension accounts. (Enter all amounts as positive.) RIVERBED Pension Workshe General Journal Entries Annual Pension Expense Items Cash Balance, January 1, 2020 > c Service cost Interest cost > Actual return Contributions Benefits

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