Exercise 20-03 Bridgeport Company provides the following information about its defined benefit pension plan for the year 2020. Service cost Contribution to the plan Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2020 Projected benefit obligation at January 1, 2020 Accumulated OCI (PSC) at January 1, 2020 Interest/discount (settlement) rate $88,500 107,100 10,600 63,100 40,800 648,000 688,100 148,600 11 % Prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020. (Enter all amounts as positive.) BRIDGEPORT COMPANY Pension Worksheet-2020. General Journal Entries OCI Prior Service Cost Annual Pension Expense Cash Pension Asset/ Liability Projected Benefit Obligation Plan Assets Items Balance, January 1, 2020 Service cost Interest cost Actual return Amortization of PSC Contributions Benefits JODOCUINO joilijona Jrnillonii | 10000000000 noctilioni boogopg000 Journal entry for 2020 Accumulated OCI, Dec. 31, 2019 Balance, Dec. 31, 2020 Prepare the journal entry recording pension expense. (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