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Assume the following pension data for year 2019: Service cost $90,000 Contribution $105,000 Actual return $64,000 Benefits $40,000 Plan assets 1/1/19 $640,000 PBO 1/1/19 $800,000

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Assume the following pension data for year 2019: Service cost $90,000 Contribution $105,000 Actual return $64,000 Benefits $40,000 Plan assets 1/1/19 $640,000 PBO 1/1/19 $800,000 Interest rate 10% Prepare a pension worksheet and journal entries for 2019 OR prepare journal entries and compute ending balances for PBO & PA

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