Culver Compamy prowldes the following information about its defined benefit pension plan for the year $2022.$

Service cost

Contribution to the plan

Benefitspald

Plan assets at January $1,2022$

Defined benefit obiligatlon at January $1,2022$

Interestidlscount $($settlement$)$ rate

$88,400$

$103,100$

$39,800$

$634,600$

$700,900$

$10x$

$($a$)$

Prepare a pension worksheet inserting the January $1,2022$ and December $31,2022,$ balances. $($Enter all amounts as positive$)$

General Lournal Entries

Annual

Items

Balance, January $1,2022$

Service cost

Interest expense

Interest revenue

Contribulions

Benefts

Journal entry for $2022$

Cash

Pension Expense

$6$

$$