1. During the year, the City of Church Points net pension liability increased by $100,000 and the employer contribution was $85,000 to the plan. Provide the journal entries for the governmental and government-wide statements? Provide journal entries for each of the additional items listed below within the government-wide statements. Include amortization entries, along with the initial entries.

1. Investment earnings on plan assets was $30,000 less than projected. These earnings were incorporated in the pension expense calculation previously recorded in part 1) above.

2. Actuarial assumption changes, not previously recognized, would increase both the total and net pension liabilities by $20,000. The remaining service lives of the affected pension plan members was 4 years.

3. The employer decreased the retiree plan benefits, resulting in an actuarial estimate of $60,000 decrease to the total pension liability.

4. What is the new pension expense amount?