On January 1, 2018, the following balances existed in your company. Plan assets (fair value) Projected benefit obligation OCI - Prior service cost OCI - Gain or Loss $4,400,000 4,800,000 600,000 520,000 The following additional data were provided for the year 2018. $560,000 Service cost Actual return on plan assets $360,000 $120,000 Amortization of prior service cost Unexpected Increase in PBO Contributions Benefits paid $200,000 $920,000 Settlement (Interest) rate Expected return on Plan Assets $640,000 7% 8% Average remaining service life of active employees 20 years. Compute pension expense for your company for the year 2018 by preparing a pension worksheet like the one you learned to prepare in your class. Make sure that you show all the necessary rows and columns. Remember to indicate Dr or Cr next to each number. On January 1, 2018, the following balances existed in your company. Plan assets (fair value) Projected benefit obligation OCI - Prior service cost OCI - Gain or Loss $4,400,000 4,800,000 600,000 520,000 The following additional data were provided for the year 2018. $560,000 Service cost Actual return on plan assets $360,000 $120,000 Amortization of prior service cost Unexpected Increase in PBO Contributions Benefits paid $200,000 $920,000 Settlement (Interest) rate Expected return on Plan Assets $640,000 7% 8% Average remaining service life of active employees 20 years. Compute pension expense for your company for the year 2018 by preparing a pension worksheet like the one you learned to prepare in your class. Make sure that you show all the necessary rows and columns. Remember to indicate Dr or Cr next to each number