2. Citroen Company provides the following information about its defined benefit pension plan for the year 2018. Service cost = $80,000 ; Contribution to the plan = 99,000 ; Prior service cost amortization = 11,000 ; Actual and expected return on plan assets = 60,000 ; Benefits paid = 50,000 ; Plan assets at January 1, 2018 = 520,000 ; Projected benefit obligation at January 1, 2018 = 580,000 ; Accumulated OCI (PSC) at January 1, 2018 = 120,000 ; Interest/discount (settlement) rate = 10% a. Prepare a pension worksheet inserting January 1, 2018, balances, showing December 31, 2018.

b. Prepare the journal entry recording pension expense.