Lewis Industries adopted a defined benefit pension plan on January 1, 2021. By making the provisions of the plan retroactive to prior years, Lewis incurred a prior service cost of $6 million. The prior service cost was funded immediately by a $6 million cash payment to the fund trustee on January 2, 2021. However, the cost is to be amortized (expensed) over 10 years. The service cost-$270,000 for 2021-is fully funded at the end of each year. Both the actuary's discount rate and the expected rate of return on plan assets were 11%. The actual rate of return on plan assets was 13%. At December 31, the trustee paid $22,000 to an employee who retired during 2021. Required: Determine each of the following amounts as of December 31, 2021, the fiscal year-end for Lewis: (Enter your answers in whole dollars.) Answer is complete but not entirely correct. Balance at December 31 Projected benefit obligation $ 2,511,000 Plan assets $ 2,551,000 Pension expense 540,000 X 1. 2. 3