A company has a noncontributory, defined benefit pension plan. On December 31 of the current year (the end of the company's fiscal year), the following pension-related data were available: Required; 1. to 3. Prepare the joumal entries required for the pension during the current year. 4. Determine the balances at December 31 of the current year in the net gain-AOCl, and prior service cost-AOCl. [Hint: You might find T-accounts useful.] 5. What amount will the company report in its current year balance sheet as a net pension asset or net pension liability for the funded status of the plan? Prepare the journal entries required for the pension during the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Enter your answ millions. (i,e., 10,000,000 should be entered as 10). Journal entry worksheet Note: Enter deblts before credits. Journal entry worksheet 3 4 5 Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet