Jackson Company adopts acceptable accounting for its defined-benefit pension plan on January 1, 2013, 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.
				2013		2014		2015
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 1/1/14)						$160,000
Amortization of prior service cost						$54,400		$41,600
Change in actuarial assumptions established a
	12/31/15 PBO of							$520,000

Prepare the pension worksheet for 2015 as well as journal entry to reflect recognition of pension expense for 2015