Mermade Corp. adopts the IFRS for its defined benefit retirement plan on January 1, 2021, with the following beginning balances:

• Fair Value of Plan Assets are Php 200,000.00
• Defined Benefit Obligation is Php is 250,000.00

The following are other information relating to the years 2021, 2022, and 2023:

	2023	2022	2021
Current service cost	P26,000.00	P 19,000.00	P 16,000.00
Discount rate	10%	10%	10%
Actual return on plan assets	24,000.00	22,000.00	20,000.00
Contributions to the plan	48,000.00	40,000.00	16,000.00
Benefits paid to retiree	21,000.00	16,400.00	14,000.00

Other information:

1. The plan was amended on January 1, 2022 which resulted to a Past Service Cost of Php 160,000.00
2. On December 31, 2023, there were changes in the actuarial assumptions that establishes a defined benefit obligation as of December 31, 2023 in the amount of Php 520,000.00

Required: For each year (2021, 2022, and 2023), prepare a worksheet presenting the balances and the activities of the pension. Indicate in the worksheet whether the amount is a Debit/Debited (Dr) or a Credit/Credited (Cr)