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Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that the projected level of earnings

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Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that the projected level of earnings on plan Investments is $197.600, the service cost component is $227.500, and interest on the pension liability is $169,600 for the year. The City is amortizing a deferred outfiow resulting from a change in plan assumptions from a prior year in the amount of $5,600 per year. Prepare journal entries to record annual pension expense for the enterprise fund. (If no entry is required for a transaction/event. select "No Journal Entry Required" in the first account field.)

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