E20.9(LO 5)(Disclosures: Pension Expense and Other Comprehensive Income)Taveras En- terprises provides the following information relative to its defined benefit pension plan.

Balances or Values at December 31, 2020

Projected benefit obligation $2,737,000

Accumulated benefit obligation 1,980,000

Fair value of plan assets 2,278,329

Accumulated OCI (PSC) 210,000

Accumulated OCINet loss (1/1/20 balance, -0-) 45,680

Pension liability 458,671

Other pension plan data for 2020:

Service cost 94,000

Prior service cost amortization 42,000

Actual return on plan assets 130,000

Expected return on plan assets 175,680

Interest on January 1, 2020, projected benefit obligation 253,000

Contributions to plan 93,329

Benefits paid 140,000

1) Make the Journal entry for pension expense

2) Reconcile PPA & PBO