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Mason Company has a noncontributory defined benefit pension plan. On December 31, 2020, information about the pension plan included the following. Service cost .. 60,000

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Mason Company has a noncontributory defined benefit pension plan. On December 31, 2020, information about the pension plan included the following. Service cost .. 60,000 3,600 0 Actual return and expected return on plan assets. . .. .10,000 9% Required a. Prepare a reconciliation b. Compute the plan's funded balance on the beginning and ending dates. c. Provide the 2020 entries for Mason Company to record the defined benefit pension plan. d. Provide the same entries in (c), assuming cash funding of $55,000 (instead of $37,000). e. Provide the computation for the $3,600 of interest of plan assets for 2020

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