Pharoah Corporation provides the following information about its defined benefit pension plan for the year 2020: Current service cost Contribution to the plan Past service cost, effective December 31, 2020 Actual return on plan assets Benefits paid Net defined benefit liability at January 1, 2020 Plan assets at January 1, 2020 Defined benefit obligation at January 1, 2020 Interest/discount rate on the DBO and plan assets $225,950 262,750 26,000 159,550 103,400 410,500 1,595,500 2,006,000 10% Pharoah follows IRFS. Prepare a pension work sheet. Pha Pensio General Journal Entries Annual Pension Expense Cash $ Past service cost > Net interest/finance cost > Contributions > Benefits paid Expense entry $ Contribution entry $ $