Exercise 20-7 The following defined pension data of Nash Corp. apply to the year 2017. Projected benefit obligation, 1/1/17 (before 000 amendment) Plan assets, 1/1/17 Pension liability On January 1, 2017, Nash Corp., through plan amendment, 553,400 14,600 grants prior service benefits having a present value of Settlement rate Service cost Contributions (funding) Actual (expected) return on plan assets Benefits paid to retirees Prior service cost amortization for 2017 130,000 10% 8,500 4,300 7.100 6,300 17,400 For 2017, prepare a pension worksheet for Nash Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts. (Enter all amounts as positive.) NASH CORP Pension Worksheet-2017 Annual Pension OCI-Prier Service Cost Projected Benefit Items Balance, Dec. 33,2016 Price service cost Balance, Jan 1, 2017 Service cost leterest cost Actual return Amortization of PSC Cash Benefits Journal entry for 2017 Accumulated OCI, Dec. 31, 2016 Balance, Dec, 31, 2017