Exercise 19-3 Sandhill Corporation provides the following information about its defined benefit pension plan for the year 2017: Current service cost Contribution to the plan Past service cost, effective December 31, 2017 Actual return on plan assets Benefits paid Net defined benefit liability at January 1, 2017 Plan assets at January 1, 2017 Defined benefit obligation at January 1, 2017 Interest/discount rate on the DBO and plan assets $226,000 263,500 26,000 160,000 110,000 401,000 1,600,000 2,001,000 10% Sandhill follows IFRS Prepare a continuity schedule for 2017 tor the defined benefit obligation. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (15).) Sandhill Corporation Continuity Schedule 2017 Prepare a continuity schedule for 2017 for the plan assets. Enter negative mounts using either a negative sign preceding the number e g-45 or parentheses e g 45 Sandhill Corporation Continuity Schedule 2017 Calculate pension expense for the year 2017. Pension expense s Prepare all pension journal entries recorded by Sandhill in 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit December 31, 2017 To record pension expense) December 31, 2017 To record contributions paid) What pension amount will appear on Sandhill's statement of financial position at December 31, 2017? Pension