Please answer 1a-1e with all parts (:

1a. Which of the following pension expense elements results in an increase in the projected benefit obligation?

A. Interest cost.

B. Normal/service cost.

C. A and B.

D. Neither A nor B.

1b. Which of the following events has no effect on the net assets of a defined benefit pension trust?

1. Pensions are paid.
2. Interest revenue on debt investments is accrued at year-end.
3. A and B.
4. Neither A nor B.

1c. Which of the following events results in an increase in both the assets and the net assets of a defined benefit pension trust?

A. The employers cash contribution is received.

B. Interest is received this year from bond investments that was accrued at the end of the previous year.

C. A and B.

D. Neither A nor B.

1d. Bull Corporation amended its defined benefit pension plan on 1/1/21. The following information is available:

1/1/21 before 1/1/21 after

amendment amendment

Accumulated benefit obligation 1,150,000 1,475,000

Projected benefit obligation 1,400,000 1,795,000

Which of the following statements is correct?

1. The prior service cost amendment on January 1, 2021 is $395,000.
2. The entire amount of the prior service cost amendment at January 1, 2021, will be deducted in arriving at comprehensive income for 2021.
3. A and B.
4. Neither A nor B.

1e. The following information pertains to Lee Corps defined benefit pension plan for 2021:

• Service cost $175,000
• Actual return on plan assets 35,000
• Expected return on plan assets 50,000
• Amortization of prior service cost 10,000
• Interest on the projected benefit obligation 49,000
• Amortization of unexpected gain 12,000
• Decrease in the pension liability as of 12/31/21 due to actuarial changes 18,000
• Accumulated other comprehensive income: unexpected gain as of January 1, 2021 200,000
• Accumulated other comprehensive income: prior service cost as of January 1, 2021 30,000

What amount should Lee report as pension expense in its 2021 income statement? AND which of the following statements is correct at December 31, 2021? Choose ONE option from A-D and ONE option from E-G. You will have two answers.

1. $196,000.
2. $172,000.
3. $190,000.
4. $187,000.
5. Accumulated other comprehensive income: unexpected gain has a credit balance of $191,000.
6. Accumulated other comprehensive income: prior service cost has a debit balance of $20,000.
7. E and F.