On January 1, 2020, Marigold Company has the following defined benefit pension plan balances.

Projected benefit obligation		$4,456,000
Fair value of plan assets		4,270,000

The interest (settlement) rate applicable to the plan is 10%. On January 1, 2021, the company amends its pension agreement so that prior service costs of $490,000 are created. Other data related to the pension plan are as follows.

		2020			2021
Service cost		$149,000			$180,000
Prior service cost amortization		0			89,000
Contributions (funding) to the plan		245,000			289,000
Benefits paid		203,000			283,000
Actual return on plan assets		256,200			261,000
Expected rate of return on assets		6	%		8	%

Prepare a pension worksheet for the pension plan for 2020 and 2021. (Enter all amounts as positive.)

Annual Pension Expense Items Cash Balance, Jan. 1, 2020 $ $ Service cost Interest cost Actual return Contributions PPPP Benefits Journal entry for 2020 $ $ Accumulated OCI, Dec. 31, 2019 Balance, Dec. 31, 2020 Additional PSC, 1/1/2021