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CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 20-3 At January 1, 2017, Waterway Company had plan assets of $281,700 and a projected benefit

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CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 20-3 At January 1, 2017, Waterway Company had plan assets of $281,700 and a projected benefit obligation of the same amount. During 2017, service cost was $28,500, the settlement rate was 10%, actual and expected return on plan assets were $25,200, contributions were $20,400, and benefits paid were $18.400 Prepare a pension worksheet for Waterway Company for 2017 WATERWAY COMPANY General Journal Entries Meme Record Projected Pension Pension Benefit Plan Expense Cash Asset/Liability Obligation Assets 1/1/17 5 restos O PM w12/2020 DET S o 7

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