Pharoah Corp. sponsors a defined-benefit pension plan for its employees. On January 1, 2021, the following balances related to this plan.

Plan assets (fair value)		$610,000
Projected benefit obligation		660,000
Pension asset/liability		50,000	Cr.
Prior service cost		81,000
OCI - Loss		71,000

As a result of the operation of the plan during 2021, the actuary provided the following additional data at December 31, 2021.

Service cost for 2021		$76,000
Actual return on plan assets in 2021		49,920
Amortization of prior service cost		19,800
Contributions in 2021		121,000
Benefits paid retirees in 2021		86,000
Settlement rate		7	%
Expected return rate		8	%
Average remaining service life of active employees 10 years

(a)

Compute pension expense for Pharoah Corp. for the year 2021 by preparing a pension worksheet.

b,compute pension expense for blossom corp for year 2021by preparing a pension worksheet.

c,prepare the journal entry for pension expense.