Metlock Company provides the following selected information related to its defined benefit pension plan for 2017. Compute pension expense.

Prepare the journal entry to record pension expense and the employers contribution to the pension plan in 2017. Preparation of a pension worksheet is not required. Benefits paid in 2017 were $37,500

Pension asset/liability (January 1)		$23,100	Cr.
Accumulated benefit obligation (December 31)		402,800
Actual and expected return on plan assets		10,800
Contributions (funding) in 2017		149,300
Fair value of plan assets (December 31)		805,500
Settlement rate		10	%
Projected benefit obligation (January 1)		706,000
Service cost		80,550