Nash Company provides the following information about its defined benefit pension plan for the year 2020. Service.com $88,500 Contribution to the plan 104,900 Prior service cost amortization 10,300 Actual and expected return on plan a 64,000 Benefitapeld 39,300 Plan assets at January 1, 2020 627,200 Projected benefit obligation at January 1, 2020 686,300 Accumulated OCI (PSC) at January 1, 2020 152,900 Interest count(settlement) 9% (a) Your Answer Correct Answer Your answer is correct Prepare a pension worksheet Inserting January 1, 2020, balances, showing December 31, 2020. (Enter all amounts as positive) Items Balance, January 1, 2020 Service cost Annual Pension Expense Cash 50500 Dr 61767 Dr Interest cost 64000 Actual retur 10200 Amortization of PSC 104700 Contributions Benefta 96567 104900 Journal entry for 2020 Accumulated OCI, Dec. 31, 2019 Balance, Dec 31, 2020 eTextbook and Media Solution List of Accounts Using multiple attempts has impacted your score. 10% score reduction after attempt 2 (b) Assistance Used Attempts: 3 of 3 used Prepare the journal entry recording pension expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit