P20-2 (L01,2,3,4,5) GROUPWORK (3-Year Worksheet, Journal Entries, and Reporting) Jackson Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2016, with the following beginning balances: plan assets $200,000; projected benefit obligation $250,000. Other data relating to 3 years' operation of the plan are as follows. 1170 C Instructions (a) Prepare a pension worksheet presenting all 3 years' pension balances and activities. (b) Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 each year. (c) Indicate the pension-related amounts reported in the financial statements for 2018