Larkspur Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2020, the following balances relate to this plan. Plan assets $463,200 Projected benefit obligation 578,200 Pension asset/liability 115,000 Accumulated OCI (PSC) 100,100 Dr. As a result of the operation of the plan during 2020, the following additional data are provided by the actuary. Service cost Settlement rate, 8% Actual return on plan assets Amortization of prior service cost Expected return on plan assets Unexpected loss from change in projected benefit obligation, due to change in actuarial predictions Contributions Benefits paid retirees $86,600 53,200 18,000 50,200 79,600 99,600 85,100 tems Balance, Jan. 1, 2020 Service cost nterest cost Actual return Unexpected gain Amortization of PSC Liability increase Contributions +A Annual Pension Expense Benefits ournal entry for 2020 Accumulated OCI, Dec. 31, 2019 Balance, December 31, 2020 +A 86800 Dr. Dr. 53200 Cr. Dr. 18000 Dr. +A +A Cash 94100 General Journal Entries OCI-Prior Service Cost +A 18000 Cr. 150000 OCI- Gain/ Loss Pension Asset/ Liability Dr. +A Cr. i Dr. +A