Blossom Corporation sponsors a defined benefit pension plan for its 100 employees. On January 1, 2020, the company's actuary provided the following information: $1,040,000 Pension plan assets (fair value) Defined benefit obligation 1,420,000 The actuary calculated that the present value of future benefits earned for employee services rendered in 2020 amounted to $213,200, the December 31, 2020 defined benefit obligation was $1,825,200, and the appropriate interest or discount rate was 9%. The plan assets generated a return of $80,600 during 2020. The company funded the 2020 current service cost as well as $106,600 of the past service costs recognized in a previous year; however, no benefits were paid during the year. Blossom Corporation is a private company and applies ASPE. Prepare a schedule that indicates what the plan's surplus or deficit is at December 31, 2020. Defined Benefit Obligation, Jan. 1, 2020 $ Add V: Current Service Cost c $ Determine the pension expense that the company will recognize in 2020. Pension expense $ Prepare the journal entries to record pension expense and the company's funding of the pension plan in 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 2020 (To record pension expense.) 2020 (To record contributions to the pension fund.) Prepare the journal entries to record pension expense and the company's funding of the pension plan in 2020, assuming Blossom applied IFRS. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 2020 Pension Expense Net Defined Benefit Liability/Asset (To record pension expense.) 2020 Remeasurement Loss (OCI) (To record remeasurement loss.) (To record contributions to the pension fund.)