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6 Stanley-Morgan Industries adopted a defined benefit pension plan on April 12,2018. The provisions of the plan were not made retroactive to prior years. A

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6 Stanley-Morgan Industries adopted a defined benefit pension plan on April 12,2018. The provisions of the plan were not made retroactive to prior years. A local bank, engaged as trustee for the plan assets, expects plan assets to earn a 10% rate of return. A consulting firm, engaged as actuary, recommends 6% as the appropriate discount rate. The service cost is $250,000 for 2018 and $360,000 for 2019. Year-end funding is $260,000 for 2018 and $270,000 for 2019. No assumptions or estimates were revised during 2018. Required: Calculate each of the following amounts as of both December 31, 2018, and December 31, 2019: (Enter your answers in thousands nts (e., 200,000 should be entered as 200) 010125 December 31, 2018 December 31, 2019 1.Projeled bonefit obligation 2. Plan assets 3. Pension expense 4 Not pension asset or net pension liabillty

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