heridan Company provides the following information about its defined benefit pension plan for the year 2022.

Service cost		89,200
Contribution to the plan		106,100
Benefits paid		40,100
Plan assets at January 1, 2022		632,500
Defined benefit obligation at January 1, 2022		702,600
Interest/discount (settlement) rate		11	%

Prepare a pension worksheet inserting the January 1, 2022 and December 31, 2022, balances.