Headland Company sponsors a defined benefit pension plan. The following information related to the pension plan is available for 2017 and 2018.

		2017			2018
Plan assets (fair value), December 31		$852,780			$1,035,780
Projected benefit obligation, January 1		854,000			976,000
Pension asset/liability, January 1		170,800	Cr.		?
Prior service cost, January 1		305,000			292,800
Service cost		73,200			109,800
Actual and expected return on plan assets		29,280			36,600
Amortization of prior service cost		12,200			14,640
Contributions (funding)		140,300			146,400
Accumulated benefit obligation, December 31		610,000			671,000
Interest/settlement rate		9	%		9	%

Compute pension expense for 2017 and 2018.

Prepare the journal entries to record the pension expense and the companys funding of the pension plan for both years.