Erickson Company sponsors a defined benefit pension plan. The corporations actuary provides the following information about the plan.

		January 1, 2014		December 31, 2014
Vested benefit obligation		$1,990		$2,130
Accumulated benefit obligation		2,130		3,680
Projected benefit obligation		2,080		3,280
Plan assets (fair value)		1,250		2,500
Settlement rate and expected rate of return				10%
Pension asset/liability		830		?
Service cost for the year 2014				410
Contributions (funding in 2014)				900
Benefits paid in 2014				350

a. Prepare a 2014 pension worksheet. b. Prepare the journal entries at December 31, 2014, to record pension expense and related pension transactions. Also, indicate the pension amounts reported in the balance sheet.