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Problem question and info in pictures, all boxes shaded gray are correct, other boxes with numbers but not gray may or may not be right,

Problem question and info in pictures, all boxes shaded gray are correct, other boxes with numbers but not gray may or may not be right, please fill in the pension spreadsheet and journal entries and income and balance statementsimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Sarasota Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $197,100; projected benefit obligation $248,000. Other data relating to 3 years' operation of the plan are as follows. Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan amended, 1/1/20) Amortization of prior service cost Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: 2019 $16,000 10% 18,000 16,000 14,000 2020 $18,600 10% 21,710 39,700 16,700 162,400 54,000 2021 $26,000 10% 24,300 48,600 20,700 42,500 513,700 Pension Worksheet-2019, 2020, 2021 General Journal Entries OCI-Prior OCI-Gain/ Service Cost Loss Annual Pension Expense Cash Pension Asset Liability Plan Assets Memo Record Projected Benefit Obligation 248000 16000or. Balance, Jan. 1. 2019 50900 197100 Service cost 16000 Interest cost 24800 os Actual return Unexpected loss 17100 Contributions 16000 16000 14000 Benefits 14000 Dr. 21090 21090 Dros Dr. 16000 Journal entry for 2019 Accumulated OCI, Dec 31, 2018 Balance, Dec 31, 2019 57700 274800 217100 Additional PSC. 1/1/2020 162400 O Balance, Jan. 1.2020 437200 217100 Service cost Interest cost 43720 o C 18500 Dr. 43720 Dr. 21710 | Or. 54000 Dr. Actual return 21710 Amortization of PSC C Contributions 39700 16700 16700 Benefits Journal entry for 2020 Accumulated OCI, Dec 31, 2019 94610 Dr. 39700 [ cc. 108400 0 108400 Dr. Dr. Balance, Dec 31, 2020 53490 482820 Op. 172390 Service cost 26000 Interest cost Actual return Unexpected loss Amortization of PSC Contributions 48600 Benefits 2070 20700 Liability gain Journal entry for 2021 Accumulated OCI, Dec 31, 2020 Balance, Dec 31, 2021 Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year. select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Dec 31, 2019 Pension Expense 21090 Other Comprehensive Income (G/L) 1710 Cash 16000 Pension Asset/Liability 6800 Dec 31, 2020 Pension Expense Other Comprehensive Income (PSC) Pension Asset/Liability Cash Dec 31, 2021 Pension Expense Other Comprehensive Income (G/L) Other Comprehensive Income (PSC) Pension Asset/Liability Cash Indicate the pension-related amounts reported in the financial statements for 2021. (Enter negative amounts Sarasota Company Partial Income Statement For the Year Ended December 31, 2021 Retained Earnings, January 1, 2021 Pension Expense $ Net Income /(Loss) Comprehensive Income (Loss) Sarasota Company Comprehensive Income Statement For the Year Ended December 31, 2021 Net Income /(Loss) $XXXX Other Comprehensive Income (Loss) Asset Gain (Loss) Liability Gain (Loss) Prior Service Cost Amortization Comprehensive Income (Loss) $XXXX Sarasota Company Partial Balance Sheet December 31, 2021 Liabilities Pension Liability Stockholders' Equity Accumulated Other Comprehensive Loss (PSC) Accumulated Other Comprehensive Income (G/L) Sarasota Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $197,100; projected benefit obligation $248,000. Other data relating to 3 years' operation of the plan are as follows. Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan amended, 1/1/20) Amortization of prior service cost Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: 2019 $16,000 10% 18,000 16,000 14,000 2020 $18,600 10% 21,710 39,700 16,700 162,400 54,000 2021 $26,000 10% 24,300 48,600 20,700 42,500 513,700 Pension Worksheet-2019, 2020, 2021 General Journal Entries OCI-Prior OCI-Gain/ Service Cost Loss Annual Pension Expense Cash Pension Asset Liability Plan Assets Memo Record Projected Benefit Obligation 248000 16000or. Balance, Jan. 1. 2019 50900 197100 Service cost 16000 Interest cost 24800 os Actual return Unexpected loss 17100 Contributions 16000 16000 14000 Benefits 14000 Dr. 21090 21090 Dros Dr. 16000 Journal entry for 2019 Accumulated OCI, Dec 31, 2018 Balance, Dec 31, 2019 57700 274800 217100 Additional PSC. 1/1/2020 162400 O Balance, Jan. 1.2020 437200 217100 Service cost Interest cost 43720 o C 18500 Dr. 43720 Dr. 21710 | Or. 54000 Dr. Actual return 21710 Amortization of PSC C Contributions 39700 16700 16700 Benefits Journal entry for 2020 Accumulated OCI, Dec 31, 2019 94610 Dr. 39700 [ cc. 108400 0 108400 Dr. Dr. Balance, Dec 31, 2020 53490 482820 Op. 172390 Service cost 26000 Interest cost Actual return Unexpected loss Amortization of PSC Contributions 48600 Benefits 2070 20700 Liability gain Journal entry for 2021 Accumulated OCI, Dec 31, 2020 Balance, Dec 31, 2021 Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year. select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation Dec 31, 2019 Pension Expense 21090 Other Comprehensive Income (G/L) 1710 Cash 16000 Pension Asset/Liability 6800 Dec 31, 2020 Pension Expense Other Comprehensive Income (PSC) Pension Asset/Liability Cash Dec 31, 2021 Pension Expense Other Comprehensive Income (G/L) Other Comprehensive Income (PSC) Pension Asset/Liability Cash Indicate the pension-related amounts reported in the financial statements for 2021. (Enter negative amounts Sarasota Company Partial Income Statement For the Year Ended December 31, 2021 Retained Earnings, January 1, 2021 Pension Expense $ Net Income /(Loss) Comprehensive Income (Loss) Sarasota Company Comprehensive Income Statement For the Year Ended December 31, 2021 Net Income /(Loss) $XXXX Other Comprehensive Income (Loss) Asset Gain (Loss) Liability Gain (Loss) Prior Service Cost Amortization Comprehensive Income (Loss) $XXXX Sarasota Company Partial Balance Sheet December 31, 2021 Liabilities Pension Liability Stockholders' Equity Accumulated Other Comprehensive Loss (PSC) Accumulated Other Comprehensive Income (G/L)

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