Gordon Company sponsors a defined benefit pension plan. The following information related to the pension plan is available for 2012 and 2013.

		2012			2013
Plan assets (fair value), December 31		$1,680,396			$2,040,996
Projected benefit obligation, January 1		1,682,800			1,923,200
Pension asset/liability, January 1		336,560	Cr.		?
Prior service cost, January 1		601,000			576,960
Service cost		144,240			216,360
Actual and expected return on plan assets		57,696			72,120
Amortization of prior service cost		24,040			28,848
Contributions (funding)		276,460			288,480
Accumulated benefit obligation, December 31		1,202,000			1,322,200
Interest/settlement rate		9	%		9	%