Blue Inc. adopted a pension plan for its employees on January 1, 2022. Blue gave credit for past services which resulted in unrecognized prior service cost and Projected Benefit Obligation of $400,000. The actuary has provided the following pension related data for 2022 and 2023. For the year ended December 31 Accumulated benefit obligation Projected benefit obligation Fair value of plan assets Contribution (made at year end) Benefit payments PBO Gain or (loss) 2022 2023 $420,000 $470,000 433,000 513,000 200,000 272,700 200,000 60,000 -0- 5,300 60,000 8,000 The actual and expected return on plan assets was 9% over the two years but the settlement rate was 12% for 2022 and 10% for 2023. The service cost was $45,000 and $50,000 for 2022 and 2023, respectively. The average remaining service life per employee is 20 years. REQUIRED: a. b. C. Calculate the amount of unrecognized gain or loss that would be amortized as a component of pension expense for 2022 and 2023. Calculate the amount of net periodic pension expense that the company would recognize for 2022 and 2023. Prepare all required journal entries related Blue Inc.'s pension plan for 2022 and 2023.