Ivanhoe Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the years 2020 and 2021. 2020 2021 Projected benefit obligation, January 1 Plan assets (fair value and market-related value), January 1 Pension asset/liability, January 1 Prior service cost, January 1 Service cost Settlement rate Expected rate of return Actual return on plan assets Amortization of prior service cost Annual contributions Benefits paid retirees Increase in projected benefit obligation due to changes in actuarial assumptions Accumulated benefit obligation at December 31 Average service life of all employees Vested benefit obligation at December 31 $600,800 408,100 192,700 Cr. 160,800 40,300 10 % 10 % 36.000 70,400 97,500 31,200 86,300 717,300 $58,500 10 % 10 % 61,100 50,400 81,400 53,180 0 787,700 20 years 460,000 Prepare a pension worksheet presenting both years 2020 and 2021. (Round answers to 0 decimal places, e.g. 5,125. Enter all amounts as positive.) Annual Pension Expense Items Cash Balance, Jan. 1, 2020 $ $ Service cost Interest cost Interest cost >