Buckeye Company sponsors a defined-benefit pension plan for its employees. On January 1, 2020, the following balances relate to this plan: Projected benefit obligation Plan assets $1,000,000 $ 900,000 (Net) Pension Asset/Liability $ ? (Accumulated) AOCI - Pension Gain/Loss $ 120,000 (DR-Loss) $ 60,000 AOCI - Prior Service Cost As a result of the operation of the plan during 2020, the following additional data are provided by the actuary: Service cost for 2020 Settlement (discount) rate $ 90,000 5% Expected return on plan assets 7.5% Actual return on plan assets in 2020 $ 100,000 Contributions in 2020 $ 85,000 Benefits paid to retirees in 2020 $ 55,000 Average remaining service life of employees 12 years Required: a) Using the data above, compute pension expense for Buckeye for the year 2020 (hint: using a pension worksheet may be helpful). b) Prepare the journal entry to recognize Pension Expense for 2020. c) Indicate the balances in AOCI - Prior Service Cost and AOCI - Pension Gain/Loss at 12/31/20. d) What is the funded status of Buckeye's pension plan as of 12/31/20? Is it over-funded or under-funded? e) Assuming that there are no additional pension gains or losses on 1/1/20, what is the amount of amortization of AOCI - Pension Gain/Loss for 2021? Assume that the average remaining service life for employees is now 10 years. Will the amortization increase or decrease pension expense