Exercise 20-3 Swifty Company provides the following information about its defined benefit pension plan for the year 2017 Service cost Contribution to the plan Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2017 Projected benefit obligation at January 1, 2017 Accumulated OCI (PSC) at January 1, 2017 Interest/discount (settlement) rate $90,800 106,900 9,000 63,500 40,100 642,500 707,800 152,900 11% Pension Worksheet-2017. eneral Journal Entrie em ecor Annual Pension Expense Pension Asset/Projected Benefit OCI Prior Service Cost Plan Assets Items Cash Liability Obligation Balance, January 1, 2017 Service cost Interest cost Actual return Amortization of PSC Contributions Benefits Journal ent Accumulated OCI, Dec. 31, 2016 Balance, Dec. 31, 2017 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 0 for the amounts.) Account Titles and Explanation Debit Credit