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Bonita Corporation is a privately owned company that uses ASPE. On January 1, 2020 Bonita's financial records indicated the following information related to the company's

Bonita Corporation is a privately owned company that uses ASPE. On January 1, 2020 Bonita's financial records indicated the following information related to the company's defined benefit pension plan: Defined Benefit Obligation Pension Plan Assets $1,350,000 1,480,000 Bonita Corporation's actuary provided the following information on December 31, 2020: Current year service cost $82,000 Prior service cost, granted Jan 1, 2020 171,000 Employer contributions for the year 89,000 Benefits paid to retirees 30,000 Expected return on assets 5% Actual return on assets Discount rate 6% 5% Prepare a pension worksheet for Bonita Corporation for 2020. Balance, January 1, 2020 Current Service Cost Past Service Cost General Journal Entrie Annual Pension Expense Cash Prepare a pension worksheet for Bonita Corporation for 2020. Balance, January 1, 2020 Current Service Cost Past Service Cost Net Interest/Finance Cost Asset Remeasurement Gain/Loss Employer Contributions to Pension Fund Benefits Paid to Retirees from Pension Fund Pension Expense Entry-2020 Net Funding Entry Balance, December 31, 2020 eTextbook and Media List of Accounts Annual Pension Expense 3 > < > < > General Journal Entries Cash Memo Record Defined Benefit Prepare a pension worksheet for Bonita Corporation for 2020. Net Defined Liability/ Asset < > > Obligation > eTextbook and Media List of Accounts < Plan Assets > < < < > Prepare pension plan journal entries for Bonita Corporation for 2020. (Credit account titles are automatically indented when the 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 (To record pension expense) (To record payment to the pension fund) eTextbook and Media List of Accounts Debit What is the funded status for Bonita Corporation at December 31, 2020? Bonita's pension plan is eTextbook and Media List of Accounts by $ on December 31, 2020 Credit

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