Marlin Corporation Pension Work Sheet-2018 Annual Pension Expense CashPSCLoss Liability Obligation Assets OCI Pension Projected GainAssetBenefi it Plan Bal., Dec. 31, 2017 1,250,000 2,500,000 (8,000,000) 5,500,000 Interest Cost Unexpected gain/loss of PSC Gain/loss amort Journal entry for 2018 Balance, Dec. 31, 2018 Instructions (a) Using the above information for Marlin Corporation, complete the pension work sheet for 2018. Indicate (credit) entries by parentheses. Calculated amounts should be supported (b) Prepare the journal entry to reflect the accounting for the company's pension plan for the year ending December 31,2018 2. Preparing a pension work sheet. The accountant for Marlin Corporation has developed the following information for the company's defined-benefit pension plan for 2018: $1,000,000 500,000 1,840,000 250,000 120,000 10% Service cost Actual return on plan assets Annual contribution to the plan Amortization of prior service cost Benefits paid to retirees Settlement rate Expected rate of return on plan assets The accumulated benefit obligation at December 31, 2018, amounted to $6,500,000