Nanton Corporation provides the following information about its defined benefit pension plan for the year 2020: Service Cost $100,0000 Contribution to the plan 110,000 Prior service cost amortization 8,000 Actual return on plan asset 50,000 Benefits paid 70,000 Plan assets January 1, 2020 800,000 Projected benefit obligations at January 1, 2020. 700,000 Accumulated OCI (PSC) at January 1, 2020 300,000 Interest/discount settlement rate 10% Benefits paid to retirees 70,0000 Requirements: I (1) Please show calculations for pension Expense (2) Provide the journal entry to record pension expanse