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CALCULATOR PRINTER VERA NERT Exercise 20-07 The following defined pension data of Waterway Corp. apply to the year 2020 Projected benefit obligation, 1/1/20 (before amendment)

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CALCULATOR PRINTER VERA NERT Exercise 20-07 The following defined pension data of Waterway Corp. apply to the year 2020 Projected benefit obligation, 1/1/20 (before amendment) $574,000 Plan assets, 1/1/20 561,200 Pension ability 12,800 On January 1, 2020, Waterway Corp., through plan amendment, grants prior service benefits having a present value of 111,000 Settlement rate 9% Service cost 57,200 Contributions (Funding) 65,100 Actual (expected) return on plan assets 52.900 Benefits paid to retirees 39,200 Prior service cost amortization for 2020 18,300 For 2020, prepare pension worksheet for Waterway Corn that shows the journal entry for person pense and the year and balances in the related personas (inter all us as positie WATERWAY CORP Pension Worksheet-2020 General Journal.Entries Meme Pansion Annual Pension OCE-Prior Asset/ Projected Benefit Cash Items Expense Service Cost Obligation Liability v Balance, Dec 31, 2019 Prior service cost Balance, Jan 1, 2020 Service cost V BAR CALOVATOR PLORER WATERWAY CORP. Pension Worksheet-2020 General Journal Entries Pension OCI-Prior Asset/ Service Cost Labi Items Annual Pension Expense Cash Projected Banat Obligation Balance, Dec 31, 2019 Prior service cost Balance, Jan 1, 2020 JS >>> Service cost Interest cost Actual return v 1 Amortization of PSC Contributions Benefits V Journal entry for 2020 Accumulated OCI, Dec 31, 2019 Balance, Dec. 31, 2020 Click if you would like to show Work for this question Open Show Work CALCULATOR FULL SCREEN PRINTERE WATERWAY CORP. Pension Worksheet-2020 General Journal Entries Annual Pension Expense Pension Asset/ Liability OCI-Prior Service Cost Memo Record Projected Benent Obligation Cash Plan Assets > > v v v

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