Preparing and Recording Pension Entries and Preparing Pension Worksheet The following data relate to a pension plan for ISPN Inc. for the year. Required Gain/Loss using the straight-line method over 15 years. b. Assuming pension expenses are not capitalized as part of inventory or other assets, indicate the effect on the income statement for the year ended December 31. d. Create a worksheet to summarize the pension data at the end of the year. d. Create a worksheet to summarize the pension data at the end of the year. Note: Round your answers to the nearest whole dollar. Note: Use a negative sign for credits amounts