Lemke Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the years 2014 and 2015.

		2014			2015
Projected benefit obligation, January 1		$602,700
Plan assets (fair value and market-related value), January 1		414,700
Pension asset/liability, January 1		188,000	Cr.
Prior service cost, January 1		164,600
Service cost		44,700			$61,300
Settlement rate		10	%		10	%
Expected rate of return		10	%		10	%
Actual return on plan assets		39,400			70,600
Amortization of prior service cost		74,500			52,700
Annual contributions		97,000			89,400
Benefits paid retirees		36,600			59,770
Increase in projected benefit obligation due to changes in actuarial assumptions		91,200			0
Accumulated benefit obligation at December 31		729,100			790,500
Average service life of all employees					20 years
Vested benefit obligation at December 31					472,000

1)Prepare a pension worksheet presenting both years 2014 and 2015.

2) Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year (2014 and 2015.)