On January 1, 2017, Martinez Company has the following defined benefit pension plan balances.

Projected benefit obligation

$4,571,000Fair 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 $492,000are 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%

Show pension worksheet for the pension plan for 2017 and 2018

For 2018, Show the journal entry to record pension-related amounts.