A company provides the following information about its defined benefit pension plan:

1/1/2017

12/31/2017

Accumulated Benefit Obligation (ABO)

$1,700

?

Projected Benefit Obligation (PBO)

$2,500

?

Pension Plan Assets (fair value)

$1,500

?

AOCIActuarial Gain/Loss (Debit Balance)

$100

?

Additional pension information related to 2017:

Settlement rate

10%

Expected return on pension plan assets

10%

Actual return on pension plan assets

20%

Service cost

$400

Change in actuarial assumption, increased PBO

$350

Cash contributions to pension plan

$600

Benefit payments made to retirees

$200

Average remaining service life of employees

10 years

The single combined journal entry at the end of the year to record the pension-related changes will include which of the following?

A.

Credit to OCI-Actuarial Gains and Losses for $200.

B.

Debit to OCI-Prior Service Costs for $360.

C.

Debit to Net Pension Liability for $1,100.

D.

Credit to Net Pension Liability for $100.

E.

Credit to Cash for $200.