Pina Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2017, the following balances related to this plan Plan assets (market-related value) Projected benefit obligation Pension asset/liability Prior service cost Net gain or loss (debit) $559,000 633,000 82,000 74,000 Cr 85,000 As a result of the operation of the plan during 2017, the actuary provided the following additional data for 2017 Service cost for 2017 Settlement rate, 9%; expected return rate, 10% Actual return on plan assets in $98,000 46,000 2017 Amortization of prior service cost Contributions in 2017 Benefits paid retirees in 2017 Average remaining service life of active employees 24,000 129,000 77,000 10 years Using the preceding data, compute pension expense for Pina Corp. for the year 2017 by preparing a pension worksheet that shows the journal entry for pension expense. (Enter all amounts as positive.) PINA CORP Pension Worksheet-2017 General Journal Entri Memo Recor Annual Pension Expense oCI-Prior Service Cost oCI-Gain/ Loss Penison Asset/Projected Benefit Plan Assets Items Cash Liabilit Obligation Balance, Jan. 1, 2017 Cr. Cr # Dr. # Service cost Dr. Interest cost Dr. Cr. Actual return Dr. Unexpected loss Amortization of PSC Amortization of loss Contributions Cr# Dr. # Dr. # Dr. Cr #1 Cr. Cr. |Dr. # Benefits Dr. # Cr Journal entry for 2017 Accumulated OCI, Dec. 31, 2016 Balance, Dec. 31, 2017 Dr. Cr #1 Dr. Dr. Dr. Dr. Dr. Cr. Dr. Use the market-related asset value to compute the expected return and for corridor amortization. Expected return Corridor amortization