Prepare the journal entries to record net periodic pension expense, employers funding contribution, and related pension amounts for the years 2014, 2015, and 2016.(Round answers to 0 decimal places, e.g. 2,525. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2016

Hiatt Toothpaste Company initiates a defined benefit pension plan for its 50 employees on January 1, 2014. The insurance company which administers the pension plan provided the following selected information for the years 2014, 2015, and 2016.

For Year Ended December 31,
2014	2015	2016
Plan assets (fair value)	$50,900	$83,830	$180,713
Accumulated benefit obligation	49,200	174,000	296,600
Projected benefit obligation	59,140	197,675	343,200
Net (gain) loss (for purposes of corridor calculation)	0	79,500	94,500
Employers funding contribution (made at end of year)	50,900	59,140	112,300

There were no balances as of January 1, 2014, when the plan was initiated. The actual and expected return on plan assets was 10% over the 3-year period, but the settlement rate used to discount the companys pension obligation was 13% in 2014, 11% in 2015, and 8% in 2016. The service cost component of net periodic pension expense amounted to the following: 2014, $59,140; 2015, $83,830; and 2016, $119,500. The average remaining service life per employee is 12 years. No benefits were paid in 2014, $31,300 of benefits were paid in 2015, and $23,800 of benefits were paid in 2016 (all benefits paid at end of year).

Calculate the amount of net periodic pension expense that the company would recognize in 2014, 2015, and 2016.(Round answers to 0 decimal places, e.g. 2,525.)

Pension expense for 2014	$
Pension expense for 2015	$
Pension expense for 2016	$