Jablonski Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2020, the following balances related to this plan.
Plan assets (market-related value)	$170,000
Projected benefit obligation	$340,000
Pension asset/liability	-$170,000
Prior service cost	$100,000
OCI - Loss	$39,000
As result of the operation of the plan during 2020, the actuary provided the following additional data at December 31, 2020
Service Cost for 2020	$45,000
Actual return on plan assets in 2020	$27,000
Amortization of prior service cost	$20,000
Contribution in 2020	$85,000
Benefits paid retirees in 2020	$51,000
Settlement rate	7%
Expected return on plan assets	8%
Average remaining service life of active employees	10 years
Instructions:
a. Compute pension expense for Jablonski Corp. for the year 2020 by preparing a pension worksheet that shows the journal entry for pension expense.
b. Indicate the pension amount reported on the financial statements.
Provide your solution below: clearly indicate (a) & (b) with your answer. If this is not labelled - points will be deducted.