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Prepare the note disclosing the components of pension expense for the year 2018. Defined benefit obligation $2,737,000 Fair value of plan assets 2,278,329 Accumulated OCI

Prepare the note disclosing the components of pension expense for the year 2018.

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Defined benefit obligation $2,737,000 Fair value of plan assets 2,278,329 Accumulated OCI - Net loss (1/1/18 balance: -0-) 34,220 Other pension data Service cost for 2018 94,000 Actual return on plan assets in 2018 130,000 Interest on January 1, 2018, defined benefit obligation 164,220 Contributions to plan in 2018 93,329 Benefits paid 140,000 Discount (interest) rate 6%

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