Question 2 Manon Corporation applies ASPE and sponsors a defined benefit pension plan. The following pension plan information is available for 2020 and 2021: Plan assets (fair value), December 31 Defined benefit obligation, January 1 Net defined benefit liability (asset), January 1 Current service cost Actual return on plan assets Funding of current service cost Funding of past service costs Benefits paid Interest/discount rate 2020 2021 $515,000 $642,000 600,000 700,000 240,000 ? 60,000 90,000 24,000 47,000 60,000 90,000 85,000 55,000 9% 9% The pension fund paid out benefits in each year. There were no actuarial gains or losses incurred on the DBO in the two-year period. Required Prepare the complete pension work sheets for Manon for 2020 and 2021