Problem 3 (18 points) he, Inc. has a noncontributory, defined benefit pension plan for its 500 employees. The company's actuary provided the following information for January 1, 2019: Accumulated other compre Pension plan assets (fair Projected benefit obligation hensive income (loss) (PSC) value and market-related asset value) s 800,000 2,200,000 3,000,000 Information for 2019: average remaining service period for the participating employees is 10 years. All employees are expected to receive benefits under the plan. On December 31, 2019, the actuary calculated that earned for employee services rendered in the current year amounted to $130,000 o the projected benefit obligation was $3,900,000 fair value of pension assets was $2,800,000. o The expected return on plan assets and the discount rate on the projected benefit obligation were 6%. current year's contribution to the pension plan amounted to $350,000. No benefits were paid during the year (a) Computer the actual return on plan assets (b) Determine the components of pension expense that the company would recognized in 2019. (You may need to complete part (c) first.) e the amount of the 2019 increase/decrease in gains or losses. (d) Prepare the journal entry to record the pension expense and the company's funding of the pension plan in 2019