Exercise 17-15 (Algo) Pension spreadsheet [LO17-8] A partially completed pension spreadsheet showing the relationships among the elements that comprise the defined benefit pension plan of Universal Products is given below. The actuary's discount rate is 5%. At the end of 2019, the pension formula was amended, creating a prior service cost of $320,000. The expected rate of return on assets was 8%, and the average remaining service life of the active employee group is 20 years in the current year as well as the previous two years. Required: Fill in the missing amounts. (Enter your answers in thousands rounded to 1 decimal place.) ($ in thousands) Balance, Jan. 1, 2021 Service cost Interest cost, 5% Expected return on assets Adjust for: PBO Plan Assets $ (880.0) $ 620.0 (44.0) 0.0 0.0 Prior Service Net Loss Pension Cost - AOCI - AOCI Expense Cash $ 304.0 $ 88.0 $ 0.0 $ 108.0 (49.6) Net Pension (Liability) / Asset 0.0 $ (260.0) Loss on assets 0.0 18.0 Amortization: Prior service cost 0.0 0.0 0.0 0.0 0.0 Amortization: Net loss Gain on PBO Prior service cost Cash funding 0.0 0.0 0.0 0.0 0.0 0.0 32.0 (92.0) Retiree benefits Balance, Dec. 31, 2021 $ (950.0) $ 620.0 $ 288.0 $ 106.0 $ 58.4 $ (228.0)