Oriole Corporation initiated a defined benefit pension plan for its 50 employees on January 1, 2020. The insurance company that administers the pension plan provides the following information for the years 2020, 2021, and 2022:

		For Year Ended December 31
		2020		2021			2022
Plan assets (fair value)		$54,000		$88,000			$170,000
Defined benefit obligation		65,900		?			?
Net actuarial (gain) loss: DBO		8,900		(24,500)			84,500
Remeasurement (gain) loss: fund assets		?		?			(12,960)
Employer's funding contribution (made at end of year)		54,000		60,000			95,000

There were no balances as at January 1, 2020, when the plan was initiated, because no credit was given for past service. The rate used to discount the companys pension obligation was 13% in 2020, 11% in 2021, and 8% in 2022. The service cost component of net periodic pension expense amounted to the following: 2020, $57,000; 2021, $88,000; and 2022, $117,000. No benefits were paid in 2020, but $31,000 was paid in 2021, and $33,000 in 2022. (All benefits were paid and all actuarial gains and losses were determined at the end of the year.) The company applies IFRS.

Options for second question = Actual Return on Assets, Plan Assets at beginning of Year, Benefits paid out, Contributions, Plan Assets at End of Year

Prepare a continuity schedule for the defined benefit obligation over the three-year period. (Round answers to 0 decimal places, e.g. 5,275. leave any answer field blank. Enter 0 for amounts.) Oriole Corporation Continuity Schedule of Defined Benefit Obligation 2020 2021 2022 $ $ $ Current Service Cost Interest Cost Net Actuarial Loss (Gain) Defined Benefit Obligation at End of Year Defined Benefit Obligation at Beginning of Year Benefits Paid Out TO TEXT LINK TO TEXT Prepare a continuity schedule for the plan assets over the three-year period. (Round answers to 0 decimal places, e.g. 5,275. Enter negati answer field blank. Enter o for amounts.) Oriole Corporation Continuity Schedule of Plan Assets 2020 2021 2022 $ $ Calculate the amount of net periodic pension expense that the company will recognize in each Pension expense, 2020 $ Pension expense, 2021 $ Pension expense, 2022 Determine the plan surplus or deficit at December 31, 2022, and the balance of the Net Defined Benefit Liability/Asset account that will be reported on the December 31, 2022 balance sheet. using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not leave any answer field blank. Enter O for amounts.) Plan Balance of the Net Defined Benefit account $