*Exercise 20-01 The following information is available for the pension plan of Novak Company for the year 2020. Actual and expected return on plan assets Benefits paid to retires Contributions (funding) Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2020 Service cost s 13,600 43,400 92,100 10 7,500 491,000 63,300 Your answer is comect. Compute pension expense for the year 2020, Persian expense for 2020 $105,00 Your answer is partially correct. Try again. Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Credit Account Titles and Explanation Pension Expense Debit 105400 Cash $2100 Pension Asset/Liability 1910 Other Comprehensive Income (PSC) 7600