Cheyenne Corporation is a privately owned company that uses ASPE. On January 1, 2020 Cheyenne's financial records indicated the following information related to the company's defined benefit pension plan: Defined Benefit Obligation $1,390,000 Pension Plan Assets 1,520,000 Cheyenne Corporation's actuary provided the following information on December 31, 2020: Current year service cost $77,000 Prior service cost, granted Jan 1, 2020 166,000 Employer contributions for the year 90,000 Benefits paid to retirees 25,000 Expected return on assets 5% Actual return on assets 6% Discount rate 5% Prepare a pension worksheet for Cheyenne Corporation for 2020. General Journal Entries Memo Record Annual Pension Net Defined Liability/ Defined Benefit Expense Cash Asset Obligation Plan Assets Balance, January 1, 2020 Cr. Current Service Cost Dr. Past Service Cost Net Interest/Finance Cost Asset Remeasurement Gain/Loss Employer Contributions to Pension Fund Benefits Paid to Retirees from Pension Fund Pension Expense Entry - 2020 $ Net Funding Entry Balance, December 31, 2020 eTextbook and MediaPrepare pension plan journal entries for Cheyenne Corporation for 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit (To record pension expense) (To record payment to the pension fund) eTextbook and Media List of Accounts What is the funded status for Cheyenne Corporation at December 31, 2020? Cheyenne's pension plan is * by $ on December 31, 2020