NEED HELP WITH LETTER C PLS

Grouper Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the year 2020 in which no benefits were paid. 1. 2. 3. The actuarial present value of future benefits earned by employees for services rendered in 2020 amounted to $56,300. The company's funding policy requires a contribution to the pension trustee amounting to $136,404 for 2020. As of January 1, 2020, the company had a projected benefit obligation of $906,300, an accumulated benefit obligation of $800,100, and a debit balance of $400,800 in accumulated OCI (PSC). The fair value of pension plan assets amounted to $601,100 at the beginning of the year. The actual and expected return on plan assets was $53,500. The settlement rate was 8%. No gains or losses occurred in 2020 and no benefits were paid. Amortization of prior service cost was $49,500 in 2020. Amortization of net gain or loss was not required in 2020. 4. (a) Your answer is correct. Determine the amounts of the components of pension expense that should be recognized by the company in 2020. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Components of Pension Expense Service Cost $ 56300 Interest on Projected Benefit Obligation 72504 Expected Return on Plan Assets (53500) Amortization of Prior Service Cost 49500 Pension Expense 124804 (b) Your answer is correct. Prepare the journal entry or entries to record pension expense and the employer's contribution to the pension trustee in 2020. (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 O for the amounts.) Account Titles and Explanation Debit Credit Pension Expense 124804 Pension Asset/Liability 61100 Cash 136404 Other Comprehensive Income (PSC) 49500 (c) Indicate the pension-related amounts that would be reported on the income statement and the balance sheet for Grouper Company for the year 2020. Grouper Company Income Statement (Partial) For the Year Ended December 31, 2020 Revenues $ Grouper Company Comprehensive Income Statement $XXXX $XXXX Grouper Company Balance Sheet (Partial) M $ $