On January 1, 2017, Larkspur Company has the following defined benefit pension plan balances. Projected benefit obligation $4,571,000 Fair value of plan assets 4,210,000 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 $492,000 are created. Other data related to the pension plan are as follows. 2017 2018 Service cost $152,000 $179,000 Prior service cost amortization 0 89,000 Contributions (funding) to the plan 236,000 285,000 Benefits paid 198,000 275,000 Actual return on plan assets 252,600 261,000 Expected rate of return on assets 6 % 8 % Collapse question part

(a) Prepare a pension worksheet for the pension plan for 2017 and 2018.