Cullumber Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2021, the following balances related to this plan.

Plan assets (market-related value)		$270,400
Projected benefit obligation		342,400
Pension asset/liability		72,000	Cr.
Prior service cost		89,500
OCILoss		38,400

As a result of the operation of the plan during 2021, the actuary provided the following additional data for 2021.

Service cost		$44,200
Actual return on plan assets		27,600
Amortization of prior service cost		11,900
Contributions		64,400
Benefits paid retirees		41,400
Settlement rate		7	%
Expected return on plan assets		8	%
Average remaining service life of active employees		10 years

1.Compute pension expense for Cullumber Corp. for the year 2021 by preparing a pension worksheet that shows the journal entry for pension expense. (Enter all amounts as positive.)