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Please answer the whole question. Assume the following pension data for year 2019: Service cost $105,000 Contribution $90,000 Actual return $70,000 Benefits $40,000 Plan assets

Please answer the whole question.

Assume the following pension data for year 2019:

Service cost $105,000

Contribution $90,000

Actual return $70,000

Benefits $40,000

Plan assets 1/1/19 $700,000

PBO 1/1/19 $810,000

Interest rate 10%

  1. Compute pension expense, PBO 12/31/19 and PA 12/31/19.
  2. Pension expense
  3. Cash contribution
  4. Benefits paid

Show all computations.

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