Ferreri Company received the following selected information from its pension plan trustee concerning the operation of the company's defined benefit pension plan for the year ended December 31, 2012. January 1, December 31, 2012 2012 Projected benefit obligation $1,500,000 $1,527,000 Market-related and fair value of plan assets 800,000 1,130,000 Accumulated benefit obligation 1,600,000 1,720,000 Accumulated OCI (G/L) - Net gain -0- (200,000) The service cost component of pension expense for employee services rendered in the current year amounted to $77,000 and the amortization of prior service cost was $120,000. The company's actual funding (contributions) of the plan in 2012 amounted to $250,000. The expected return on plan assets and the actual rate were both 10%; the interest/discount (settlement) rate was 10%. Accumulated other comprehensive income (PSC) had a balance of $1,200,000 on January 1, 2012. Assume no benefits paid in 2012. (a) Determine the amount of the components of pension expense that should be recognized by the company in 2012. $ (b) Prepare the journal entries to record pension expense and the employer's contribution to the pension plan in 2012. (List multiple debit/credit entries from largest to smallest amount, e.g. 10, 5, 2.) (c) Indicate the pension-related amounts that would be reported on the income statement and the balance sheet for Ferreri Company for the year 2012