Novak Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $201,800; projected benefit obligation $254,000. Other data relating to 3 years operation of the plan are as follows. 2019 2020 2021 Annual service cost $16,100 $18,900 $26,500 Settlement rate and expected rate of return 10 % 10 % 10 % Actual return on plan assets 17,900 22,150 24,400 Annual funding (contributions) 16,100 39,900 48,600 Benefits paid 14,300 16,000 21,000 Prior service cost (plan amended, 1/1/20) 159,700 Amortization of prior service cost 54,800 41,700 Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: 528,300 Collapse question part (a) Prepare a pension worksheet presenting all 3 years pension balances and activities. (Enter all amounts as positive.)

Annual Pension Expense Pension Wa General Journal Entries OCI-Prior Service Cost Cash Balance, Jan. 1, 2019 Service cost Interest cost Actual return Unexpected loss Contributions Benefits Journal entry for 2019 HHHHHH Accumulated OCI, Dec. 31, 2018 Balance, Dec. 31, 2019 Additional PSC, 1/1/2020 Balance, Jan. 1, 2020 Service cost Interest cost Actual return Amortization of PSC Contributions Benefits Journal entry for 2020 Accumulated OCI, Dec. 31, 2019 Balance, Dec. 31, 2020 Memo Record OCI-Gain/ Loss Pension Asset/ Liability Projected Benefit Obligation Plan Assets HHHHHHHHHH HHHHHH HHHHHHHHHHH HHHHHHH HHHHHHHHHHHHHHHHHHHHH Balance, Dec. 31, 2020 Service cost Interest cost Actual return Unexpected loss Amortization of PSC UUUUY HHHHHHHHHHHH Contributions Benefits Liability gain Journal entry for 2021 Accumulated OCI, Dec. 31, 2020 Balance, Dec. 31, 2021 HHHHHHHHHHH HA mpts: 0 of 3 used