Cullumber Corporation is a publicly traded company and follows IFRS. On December 31, 2022, Cullumber's financial records indicated the following information related to the company's defined benefit pension plan: Defined Benefit Obligation Pension Plan Assets $1,340,000 1,480,000 Cullumber Corporation's actuary provided the following information on December 31, 2023: Current year service cost $94,000 Prior service cost, granted Jan 1, 2023 175,000 Employer contributions for the year 98,000 Benefits paid to retirees 26,000 Expected return on assets 5% Benefits paid to retirees 26,000 Expected return on assets 5% Actual return on assets 6% Discount rate 5% (a) Your answer is partially correct. Prepare a pension worksheet for Cullumber Corporation for 2023. Balance lanuan 1 2023 Remeasurement Gain/Loss (OCI) Annual Defi Benefit Expense Balance, January 1, 2023 Current Service Cost Prior Service Cost Net Interest/Finance Cost Asset Remeasurement Gain/Loss Employer Contributions to Pension Fund Benefits Paid to Retirees from Pension Fund Defined Benefit Expense Entry-2023 Net Funding Entry Balance, December 31, 2023 Gain/Loss (OCI) 14800 Cr. ~ Cr. Cr.~ Cr. Cr. Dr. ~ Expense 9800 9800 temeasurement Gain/Loss (OCI) Cr. Cr. v Cr. 14800 Cr. Cr. Dr. > Annual Defined Benefit Expense 98000 Dr. 98000 Dr. Cash i Net Defined Liability/ Asset 140000 Dr. Defined Benefit Obligation 1340000 Cr. v 94000 Cr. 175000 Cr. 3 75750 Cr. Plan Assets 1480000 Dr. 67000 Dr. 14800 Dr. v 98000 Dr. v 262950 Dr. 26000 Dr. v 26000 Cr. 98000 Dr. v 24950 1650750