Complete the following questions. In addition to answering the items below, you must submit an analysis of the assignment. Analyze the specific outcomes and write an analysis directed toward the team at Scottsdale Corp. describing what the numbers mean and how they relate to the business. Submit journal entries in an Excel file and written segments in an MS Word document. For written answers, please make sure your responses are well-written.

Scottsdale Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2017, the following balances relate to this plan.

Plan assets	$480,000
Projected benefit obligation	625,000
Accumulated OCI (PSC)	100,000 Dr.
Accumulated OCI (Gain/Loss)	85,000 Cr.

As a result of the operation of the plan during 2017, the following additional data are provided by the actuary:

Service cost for 2017	$90,000
Settlement rate	9%
Actual return on plan assets in 2017	57,000
Expected return on plan assets	10%
Unexpected loss from change in projected benefit obligation, due to change in actuarial predictions	76,000
Contributions in 2017	99,000
Benefits paid retirees in 2017	85,000
Avg. remaining service life (all employees)	12 years

1. Prepare the journal entry using the spreadsheet Journal Entries to record pension expense in 2017.
2. Indicate the reporting of the 2017 pension amounts in the income statement and balance sheet using the spreadsheet Pensions.
3. What is the amount of deferred pension gain or loss that the company will carry forward to 2018?

Compute the same items as in (#1), assuming that the expected rate of return is 14% and the Accumulated OCI (Gain/Loss) is a Debit balance at January 1, 2017.

Prepare the journal entries to record transactions as required. Date Amount Amount Account Title Account Title Date Amount Amount Account Title Account Title Provide a one line explanation for the reason why the journal entry has been r 10 Provide a one line explanation for the reason why the journal entry has been r 11 12 13 Date Account Title Amount Amount Account Title Date Amount Amount Account Title Account Title 14 Provide a one line explanation for the reason why the journal entry has been 16 Provide a one line explanation for the reason why the journal entry has been r Date Amount Amount Account Title Account Title 19 Date Amount Amount 20 Account Title Account Title Provide a one line explanation for the reason why the journal entry has been r 22 Provide a one line explanation for the reason why the journal entry has been Date Amount Amount 24 Account Title | Account Title Date Account Title Amount Amount Account Title 26 27 Provide a one line explanation for the reason why the journal entry has been Provide a one line explanation for the reason why the journal entry has been 28 Date Amount Amount 29 30 31 Account Title Account Title Date Amount Amount Account Title | Account Title Provide a one line explanation for the reason why the journal entry has been r 33 Provide a one line explanation for the reason why the journal entry has been Date Amount Amount Account Title | Account Title Date Amount Amount Account Title Account Title Provide a one line explanation for the reason why the journal entry has been made. 39 Provide a one line explanation for the reason why the journal entry has been made. Balance Sheet Income Statement Amounts Amounts