On Janutary $1.2025,$ Wildhorse Company has the following defined benefit pension plan balances. $($b$).$

For $2026,$ 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 O for the amounts. List

all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit

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The interest $($settlement$)$ rate applicable to the plan is $10\%.$ On January $1,2026,$ 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.