Jackson Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $200,000; projected benefit obligation $250,000. Other data relating to 3 years operation of the plan are as follows.

		2019			2020			2021
Annual service cost		$16,000			$19,000			$26,000
Settlement rate and expected rate of return		10	%		10	%		10	%
Actual return on plan assets		18,000			22,000			24,000
Annual funding (contributions)		16,000			40,000			48,000
Benefits paid		14,000			16,400			21,000
Prior service cost (plan amended, 1/1/20)					160,000
Amortization of prior service cost					54,400			41,600
Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of:								520,000

(I only need help with the pension-related amounts(pension expense) reported in the partial income statement for 2021)

Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year. (This is part is already completely done, I only included it as a reference)

Indicate the pension-related amounts reported in the financial statements for 2021. (I only need help with this part) Note: 89,370 is NOT correct.

Date Account Titles and Explanation Debit Credit Dec. 31, 2019 TOthe TOther Comprehensive Incc 2000 Pension Expense 21000 TCash 16000 Pension Asset/Liability 7000 Dec. 31, 2020 Tother Comprehensive Incc 105600 Pension Expense 95100 I Cash 40000 Pension Asset/Liability 160700 Dec. 31, 2021 TPension Expense 89370 Pension Asset/Liability 14300 T Other Comprehensive I 14070 T Other Comprehensive I 41600 | Cash Cash ch 48000 Jackson Company Partial Income Statement For the Year Ended December 31, 2021 Operating Expenses T Pension Expense 89370 Mother Income / Expenses 2 Pension Expense 89370