Carla Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the years 2020 and 2021. Projected benefit obligation, January 1 Plan assets (fair value and market-related value), January 1 Pension asset/liability, January 1 Prior service cost, January 1 Service cost Settlement rate Expected rate of return Actual return on plan assets Amortization of prior service cost Annual contributions Benefits pald retirees Increase in projected benefit obligation due to changes in actuarial assumptions Accumulated benefit obligation at December 31 Average service life of all employees Vested benefit obligation at December 31 2020 2021 $595,300 410,200 185,100 Cr. 160,200 40,300 $59,600 10% 10 % 10% 10% 35,600 61,500 70,700 50,200 97.000 80,600 31.700 53,630 86,400 722.700 788,400 20 years 464 300 The Wildlake's Podcast: Is BruX + 8849 assignments/3219597 Prepare a pension worksheet presenting both years 2020 and 2021. (Round answers to decimal places, eg. 5,125. Enter all amounts as positive.) CARLA CO Pension Workshee General Journal En OCI-Prior Service Cost Annual Pension Expense Items Cash Balance, Jan. 1.2020 Service cost Interest cost Actual return Unexpected loss Amortization of PSC Contributions Benefits Increase in PRO Journal entry for 2020 Accumulated OCI, Dec 31, 2019 Balance Dec 31, 2020 Service cost OMPANY et-2020 and 2021 ntries OCI - Gain/ LOSS Memo Record Pension Asset Liability Projected Benefit Obligation Plan Assets Carla Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the years 2020 and 2021. Projected benefit obligation, January 1 Plan assets (fair value and market-related value), January 1 Pension asset/liability, January 1 Prior service cost, January 1 Service cost Settlement rate Expected rate of return Actual return on plan assets Amortization of prior service cost Annual contributions Benefits pald retirees Increase in projected benefit obligation due to changes in actuarial assumptions Accumulated benefit obligation at December 31 Average service life of all employees Vested benefit obligation at December 31 2020 2021 $595,300 410,200 185,100 Cr. 160,200 40,300 $59,600 10% 10 % 10% 10% 35,600 61,500 70,700 50,200 97.000 80,600 31.700 53,630 86,400 722.700 788,400 20 years 464 300 The Wildlake's Podcast: Is BruX + 8849 assignments/3219597 Prepare a pension worksheet presenting both years 2020 and 2021. (Round answers to decimal places, eg. 5,125. Enter all amounts as positive.) CARLA CO Pension Workshee General Journal En OCI-Prior Service Cost Annual Pension Expense Items Cash Balance, Jan. 1.2020 Service cost Interest cost Actual return Unexpected loss Amortization of PSC Contributions Benefits Increase in PRO Journal entry for 2020 Accumulated OCI, Dec 31, 2019 Balance Dec 31, 2020 Service cost OMPANY et-2020 and 2021 ntries OCI - Gain/ LOSS Memo Record Pension Asset Liability Projected Benefit Obligation Plan Assets