On January 1, 2017, Cheyenne Company has the following defined benefit pension plan balances. Projected benefit obligation $4,447,000 Fair value of plan assets 4,170,000 The interest (settlement) rate applicable to the plan is 10%. On January 1, 2018, the company amends its pension agreement so that prior service costs of $499,000 are created. Other data related to the pension plan are as follows. 2017 2018 Service cost $151,000 $184,000 Prior service cost amortization 0 89,000 Contributions (funding) to the plan 239,000 284,000 Benefits paid 201,000 280,000 Actual return on plan assets 250,200 266,000 Expected rate of return on assets 6 % 8 % Prepare a pension worksheet for the pension plan for 2017 and 2018. (Enter all amounts as positive.) CHEYENNE COMPANY Pension Worksheet2017 and 2018 General Journal Entries Memo Record Items Annual Pension Expense Cash OCIPrior Service Cost OCIGain/ Loss Pension Asset/ Liability Projected Benefit Obligation Plan Assets Balance, Jan. 1, 2017 $ $ $ $ $ $ $ Service cost Interest cost Actual return Contributions Benefits Journal entry for 2017 $ $ $ $ Accumulated OCI, Dec. 31, 2016 Balance, Dec. 31, 2017 Additional PSC, 1/1/2018 Balance, Jan. 1, 2018 Service cost Interest cost Actual return Unexpected loss Amortization of PSC Contributions Benefits Journal entry for 2018 $ $ Accumulated OCI, Dec. 31, 2017 Balance, Dec. 31, 2018

$ $ $ $ $ SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT For 2018, prepare the journal entry to record pension-related amounts. (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 0 for the amounts.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT