Allied Corporation, a publicly traded company, has provided the following information for the year ending December 31, 2020: Defined benefit obligation December 31, 2019 $2,856,000 Pension plan assets, December 31, 2019 $1,550,000 Accumulated OCI, are actuarial losses at the end of December 31, 2019 $101,200 Yield on long term debt 4.25% Current service cost $85,420 Plan contribution, made December 31, 2020 $203,000 Benefits paid to retirees at the end of 2020 $160,000 Actual return on fund assets $78,470 $31,960 Increase in defined benefit obligation due to changes in actuarial assumptions as of December 31, 2020 Past service cost from amendment dated December 31, 2020, increase in benefits $58,600 Required: a. Calculate the December 31, 2020 balances for the defined benefit obligation, pension plan assets, net defined benefit liability and accumulated OCI. Use of a spreadsheet is optional. (16 marks) b. Prepare all necessary pension related journal entries for the year ending