Jackson Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2013, with the following beginning balances: plan assets $211,000; projected benefit obligation $261,000. Other data relating to 3 years operation of the plan are as follows.

		2013			2014			2015
Annual service cost		$20,000			$26,300			$30,300
Settlement rate and expected rate of return		10	%		10	%		10	%
Actual return on plan assets		19,400			23,340			21,300
Annual funding (contributions)		20,000			41,800			51,200
Benefits paid		17,000			18,200			23,400
Prior service cost (plan amended, 1/1/14)					176,600
Amortization of prior service cost					60,700			43,000
Change in actuarial assumptions establishes a December 31, 2015, projected benefit obligation of:								518,800

Prepare a pension worksheet presenting all 3 years pension balances and activities.

Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year.

Indicate the pension-related amounts reported in the financial statements for 2015