please comlete full pension worksheet

Sandhill Co. has the following defined benefit pension plan balances on January 1, 2020. Projected benefit obligation Fair value of plan assets $4,576,000 4,576,000 The Interest (settlement) rate applicable to the plan is 10%, On January 1, 2021, the company amends its pension agreement so that prior service costs of $595,000 are created. Other data related to the pension plan are: Service cost Prior service cost amortization Contributions (funding to the plan Benefits paid Actual return on plan assets Expected rate of return on assets 2020 $151,000 0 198,000 222.000 254,000 6 X 2021 $170,000 89,000 185.000 280,000 349,000 836 (a) Cash Annual Pension Expense Items $ Balance, Jan. 1, 2020 151.000 Dr. Service cost 457,600 Dr. Interest cost 254 000 . Actual return 595.000 Dr. Unexpected loss 198,000 Cr Contributions Benefits $ 198.000 Journal entry for 2020 Accumulated OCI Dec 31, 2019 Balance, Dec 31, 2020 e Textbook and Media Assistance Used List of Accounts Attempts: 1 of 3 used Submit Answer Save for Later Last saved 2 minutes ago Saved work will be auto-submitted on the due date Prepare a pension worksheet for the pension plan in 2020. (Enter all amounts as positive.) SANDHILL COMPANY Pension Worksheet-2020 General Journal Entries OCI-Prior Service Cost OCI-Gain/ Loss Pensi Lia 595.000 Cr 595.000 e Textbook and Media Assistance Used Prepare a pension worksheet for the pension plan in 2020. (Enter all amounts as positive Memo Record Plan Assets Pension Asset/ Liability Projected Benefit Obligation $ Cr. 4,576.000 O 4.576.000 151.000 Cr. v 457600 Cr. 254,000 198.000 222.000 Dr 222.000 CH $ CH $ 5.557.600 CH 4806.000 e Textbook and Media Assistance Used List of Accounts