Gordon Company sponsors a defined benefit pension plan. The following information related to the pension plan is available for 2014 and 2015. 2014 2015 Plan assets (fair value), December 31 $1,029,627 $1,250,577 Projected benefit obligation, January 1 1,031,100 1,178,400 Pension asset/liability, January 1 206,220 Cr. ? Prior service cost, January 1 368,250 353,520 Service cost 88,380 132,570 Actual and expected return on plan assets 35,352 44,190 Amortization of prior service cost 14,730 17,676 Contributions (funding) 169,395 176,760 Accumulated benefit obligation, December 31 736,500 810,150 Interest/settlement rate 9 % 9 % Correct answer. Your answer is correct. Compute pension expense for 2014 and 2015. Pension expense for 2014 $Entry field with correct answer Pension expense for 2015 $Entry field with correct answer Show List of Accounts Link to Text Partially correct answer. Your answer is partially correct. Try again. Prepare the journal entries to record the pension expense and the companys funding of the pension plan for both years. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2014 Entry field with correct answer Entry field with incorrect answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with incorrect answer Dec. 31, 2015 Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer Entry field with correct answer

Pension asset/ liabil DR ??????

Pension Expense DR 160557

Other comprehensive income psc CR 14730

Cash CR 169395

other comprehensive income g/l CR???????