1)Calculate the actual return on the plan assets in 2023.

2)Calculate the amount of the net defined benefit liability/asset as at January 1, 2023.

3)Prepare a continuity schedule of the defined benefit obligation for 2023.

4)Calculate the pension expense for 2023, separately identifying each amount making up the total expense.

5)Prepare the pension-related entries made by the company during 2023.

6)Compare the plans surplus or deficit at December 31, 2023, with the amount reported on the December 31, 2023 balance sheet.

Wildhorse Limited follows ASPE, and the company sponsors a defined benefit pension plan. Wildhorse's actuary provides the following information about the plan (in thousands of dollars)