Plan assets Projected benefit obligation $550, 000 420,000 U.S.M.'s actuary determined that 2018 service cost is $75,000. Both the expected and actual rate of return on plan assets are interest discount) rate is 5%. US contributed $135,000 to the pension fund at the end of 2018, and retirees w ere paid $59,000 from plan assets. (Enter your answers in thousands (i.e., 10,000 should be entered as 10).) Required: 1 to 4. Determine the following amounts at the end of 2018. 5. Prepare journal entries to record the penston expense, funding of plan assets, and retiree benefit payments Complete this question by entering your answers in the tabs below Req 1 to 4 Req 5 Determine the following amounts at the end of 2018. (Enter your answers in thousands (i.e., 10,000 should be entered as 10).) 31, 2018 Req 5 > Prepare journal entries to record the pension expense, funding of plan assets, and retiree benefit payments. (If no entry is transaction/event, select "No journal entry required" in the first account field. Enter youranserssequired for a entered as 10).) required for a View transaction list Journal entry worksheet Record retiree benefit payments. Debit Event General Journ 10f 2H1 Next >