Pearl Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2020, the following balances relate to this plan. Plan assets $467,200 Projected benefit obligation 591,400 Pension asset/liability 124,200 Accumulated OCI (PSC) 104,000 Dr. As a result of the operation of the plan during 2020, the following additional data are provided by the actuary. Service cost Settlement rate, 8% Actual return on plan assets Amortization of prior service cost Expected return on plan assets Unexpected loss from change in projected benefit obligation, due to change in actuarial predictions Contributions Benefits paid retirees $90,100 54,200 18,100 51,100 77,500 94,900 88,900 Using the data above, compute pension expense for Pearl Corp. for the year 2020 by preparing a pension worksheet. (Enter all amounts as positive.) Items Balance, Jan. 1, 2020 $ Service cost Interest cost Actual return Unexpected gain Amortization of PSC Liability increase Contributions Benefits Annual Pension Expense Jeeee $ Cash Journal entry for 2020 Accumulated OCI, Dec. 31, 2019 Balance, December 31, 2020 Prepare the journal entry for pension expense for 2020. (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.) Account Titles and Explanation Debit Credit