arasota Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan -r the year 2017 in which no benefits were paid. . The actuarial present value of future benefits earned by employees for services rendered in 2017 amounted to $56,100. The company's funding policy requires a contribution to the pension trustee amounting to $136,572 for 2017. . As of January 1, 2017, the company had a projected benefit obligation of $903,400, an accumulated benefit obligation of $799,600, and a debit balance of $401,800 in accumulated OCI (PSC). The fair value of pension plan assets amounted to $602,500 at the beginning of the year. The actual and expected return on plan assets was $54,400. The settlement rate was 8%. No gains or losses occurred in 2017 and no benefits were paid. . Amortization of prior service cost was $49,700 in 2017. Amortization of net gain or loss was not required in 2017. Determine the amounts of the components of pension expense that should be recognized by the company in 2017. (Entamma chat para manen CALCULATOR PRINTER VERSION BACK Components of Pension Expense Service Cost 56100 Interest on Projected Benefit Obligation 72272 Expected Return on Plan Assets V 54400 Amortization of Prior Service Cost V 49700 Pension Expense 123672 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare the journal entry or entries to record pension expense and the employer's contribution to the pension trustee in 2017, (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit Pension Expense 123672 Pension Asset/Liability 62600 136572 Cash 49700 Other Comprehensive Income (G/L) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Indicate the pension-related amounts that would be reported on the income statement and the balance sheet for safasota Company for the year 2017 Savano Sarasota Company Income Statement (Partial) December 31, 2017 123672 Pension Expense Sarasota Company Comprehensive Income Statement December 31, 2017 Net Income / (Loss) $XXXX Service Cost $XXXX Sarasota Company Balance Sheet(Partial) December 31, 2017 Stockholders' Equity Accumulated Other Comprehensive Income (PSC)