Carla Vista Ltd. provides a defined contribution pension plan for its employees. Currently, the company has 61 full-time and 61 part- time employees. The pension plan requires the company to make an annual contribution of $5,000 per full-time employee, and $3,100 per part-time employee, regardless of their annual salary. In addition, employees can match the employer's contribution in any given year. At the beginning of the year, 27 full-time and 31 part-time employees elected to contribute to their pension plan by matching the company's contribution. An equal amount of funds was withheld from the employees' cheques in order to fund their pension contribution. Both the employees' and employer's contributions are sent to the plan trustee at year end. What amount of annual pension expense will the company report? $ Pension expense to be reported e Textbook and Media List of Accounts Prepare a summary journal entry to record Carla Vista Ltd's payment to the plan trustee. Assume no accruals have been recorded for the employer portion and use the account Pension Contributions Payable. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit