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Exercise 20-14 (Part Level Submission) Cheyenne Company sponsors a defined benefit pension plan. The corporation's actuary provides the following information about the plan. Vested benefit

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Exercise 20-14 (Part Level Submission) Cheyenne Company sponsors a defined benefit pension plan. The corporation's actuary provides the following information about the plan. Vested benefit obligation Accumulated benefit obligation Projected benefit obligation Plan assets (fair value) Settlement rate and expected rate of return Pension asset/liability Service cost for the year 2017 Contributions (funding in 2017) Benefits paid in 2017 January 1, 2017 $1,520 1,930 2,510 1,730 December 31, 2017 $1,930 2,700 3,360 2,670 10% 780 400 690 200 (a1) Drenare a 2017 pension worksheet. (Enter all amounts as positive.) CHEYENNE COMP Memo Record Entries General Jeurnal Entries Plan Annual Pension Expense ocI-Gain/ Loss Pension Asset/ Projected Benefit Liability Obligation Cash Items Balance, Jan. 1, 2017 Service cost Interest cost Actual return Unexpected gain Benefits Liability increase Journal entry for 2017 Accumulated OCI, Dec. 31, 2016 Balance, Dec. 31, 2017 Attempts: O of 3 used SAVE FOR LATER

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