Question 1 of 1 - / 100 View Policies Current Attempt in Progress Teal Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $197.700; projected benefit obligation $254,000. 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 $15,800 10 % 18,300 15,800 13,700 2020 $18,800 10 % 21,810 40.800 16,700 157.900 54.900 2021 $25.900 10 % 24,500 48.900 20,600 42.400 529.000 (a) Prepare a pension worksheet presenting all 3 years' pension balances and activities (Enter all amounts as positive.) Prepare a pension worksheet presenting all 3 years' pension balances and activities. (Enter all Annual Pension Expense Balance, Jan. 1. 2019 $ Service cost Interest cost Actual return Unexpected loss Contributions w Benefits Journal entry for 2019 $ $ Accumulated OCI, Dec 31, 2018 Balance, Dec. 31. 2019 Additional PSC. 1/1/2020 DE er Additional PSC, 1/1/2020 Balance, Jan. 1.2020 Service cost Interest cost > Actual return Amortization of PSC > Contributions Benefits $ $ Journal entry for 2020 Accumulated OCI, Dec 31, 2019 Balance, Dec. 31, 2020 > Service cost Interest cost > Actual return 9 acer s WY Question 1 of 1 Service cost C Interest cost Actual return Benefits $ Accumulated OCI, Dec. 31, 2020 Balance, Dec 31, 2021 e Textbook and Media List of Accounts Save for Later Attempts: acer SW