Items Balance, Jan. 1, 2026 (a) Service Cost (b) Interest Cost (c) Actual Return (d) Contributions (e) Benefits Balance, Dec. 31, 2026 Tor Annual Pension Expense $118,000 dr 55,800 dr 54,000 cr General Journal Entries Cash Journal Entry for 2026 $119,800 dr $114,000 cr $114,000 cr $ Pension Asset/ Liability $44,000 cr cr cr $ Projected Benefit Obligation Memc $558,000 cr 118,000 cr 55,800 cr 54,000 dr **