Exercise 20-01 The following information is available for the pension plan of Sunland Company for the year 2020. Actual and expected return on plan assets Benefits paid to retirees Contributions (funding) Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2020 Service cost $ 13,800 40,000 91,300 9 % 8,200 496,000 65,400 Compute pension expense for the year 2020. Pension expense for 2020 $ SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO VIDEO 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.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work List of Accounts Exercise 20-01 Accumulated Depreciation Accumulated Other Comprehensive Income Actuarial Loss on Defined Benefit Plan Cash Common Stock Cost of Goods Sold Depreciation Expense Interest Expense Inventory Notes Payable Other Comprehensive Income (G/L) Other Comprehensive Income (PSC) Pension Asset/Liability Pension Expense Plant and Equipment Postretirement Asset/Liability Postretirement Expense Retained Earnings Salary Expense Sales