E20-2 (L01,2,3) (Computation of Pension Expense) Veldre Company provides the following information about its definesd benefit pension plan for the year 2017. Service cost Contribution to the plarn Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2017 Projected benefit obligation at January 1, 2017700,000 Accumulated OCI (PSC) at January 1, 2017 Interest/discount (settlement) rate $90,000 105,000 10,000 64,000 40,000 640,000 150,000 10% Instructions Compute the pension expense for the year 2017 E20-3 (L01,2,3) (Preparation of Pension Worksheet) Using the information in E20-2, prepare a pension worksheet insert- ing January 1,2017, balances, showing December 31, 2017, balances, and the journal entry recording pension expense