Novak Company sponsors a defined benefit pension plan. The corporations actuary provides the following information about the plan.

	Jan 1, 2017	Dec 31, 2017
Vested benefit obligation	1,480	1,910
Accumulated benefit obligation	1,910	2,760
Projected benefit obligation	2,460	3,260
Plan assets (fair value)	1,640	2,560
Settlement rate and expected rate of return		10%
Pension asset/liability	820	?
Service cost for the year 2017		400
Contributions (funding in 2017)		710
Benefits paid in 2017		200

Prepare a 2017 pension worksheet. (Enter all amounts as positive.) NOVAK COMPANY Pension Worksheet-2017 General Journal Entries OCI - Gain/ Cash Loss Annual Pension Expense Pension Asset/ Liability Memo Record Entries Projected Benefit Plan Obligation Assets Items Balance, Jan. 1, 2017 $ 2$ Service cost Interest cost Actual return Unexpected gain . Contributions Benefits . Liability increase Journal entry for 2017 $ $ Accumulated OCI, Dec. 31, 2016 Balance, Dec. 31, 2017 Indicate the pension amounts reported in the balance sheet. Novak Company's Balance Sheet (Partial) 4