Gurung Co. has a noncontributory, defined benefit pension plan adopted on 1 January 205. On 31 December 205, the followir information is available: For accounting purposes - Interest rate used for pension amounts, 5%. - Past service cost, granted as of 1 January 205,$390,000. This is also the defined benefit obligation on 1 January. - Current service cost for 205, appropriately measured for accounting purposes, $86,000. For funding purposes - Funding was $109,000 in 205 for all pension amounts. The payment was made on 31 December. - Actual earnings on fund assets, zero. Required: 1. Prepare a pension spreadsheet that summarizes relevant pension data for 205. Required: 1. Prepare a pension spreadsheet that summarizes relevant pension data for 205. 2. Prepare a pension spreadsheet that summarizes relevant pension data for 206. The following facts relate to 206 : - Current service cost for accounting was $134,000 - A plan amendment on 1 January resulted in a past service cost of $59,000 being granted. - Total funding of the pension plan was $137,000, on 31 December 206. - Actual return on fund assets was $10,800. - An actuarial revaluation was done to reflect new information about expected turnover rates in the employee population. This resulted in a $54,000 increase in the defined benefit obligation, as of 31 December 206