Question 22 (15 points) The following information is available for ACME Incorporated's defined benefit pension plan for the year ended December 31, 2021, assume that the funding valuation is equal to the accounting valuation for plan assets. Defined benefit obligation, opening balance $ 200,000 Fair value of plan assets, opening balance 225,000 AOCI - pension remeasurements, opening balance (credit) Current service cost 40,000 50,000 Interest on defined benefit obligation 10,200 Actual return on plan assets Expected return earned on plan assets Contributions (funding) paid June 30 10,800 9,000 62,000 Benefits paid to retirees (paid evenly throughout the year) Past service cost due to plan amendment December 31 Actuarial mortality revaluation (increase in liability), Dec. 31 50,000 87,000 12,000 Required: 1. Using the information provided above, complete a pension worksheet under IFRS. (9 marks) 2. Using the pension worksheet, prepare the required journal entries for the pension plan. (6 marks)