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Flint Corporation is a privately owned company that uses ASPE, On January 1, 2020 Flint's financial records indicated the following Information related to the company's

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Flint Corporation is a privately owned company that uses ASPE, On January 1, 2020 Flint's financial records indicated the following Information related to the company's defined benefit pension plan: Defined Benefit Obligation Pension Plan Assets $12,907,000 11.254,000 Flint's actuary provided the following Information on December 31, 2020 $669.000 245.000 Current year service cost Prior service cost, granted Jan 1, 2020 Employer contributions for the year Benefits paid to retirees 951,000 357.000 73,000 Actuarial Remeasurement Gain 5% Discount rate 630 Actual return on assets Prepare a pension worksheet for Flint Corporation for 2020, General Journal Entries Annual Pension Expense Cash Balance, January 1, 2020 Current Service Cost Past Service Cost Net Interest/Finance Cost Asset Remeasurement Gain/Loss . Actuarial Gain/Loss Employer Contributions to Pension Fund . Benefits Pald to Retirees from Pension Fund Pension Expense Entry 2020 Net Funding Entry Memo Record Net Defined Liability! Asset Defined Benefit Obligation Plan Assets I . Prepare pension plan journal entries for Flint Corporation for 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and entero for the amounts.) Account Titles and Explanation Debit Credit 1 (To record pension expense) (To record payment to the pension fund) What is the funded status for Flint Corporation at December 31, 2020? Flint's pension plan is by $ on December 31, 2020

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