Question 5 The accountant for Blossom Corporation has developed the following information for the company's defined benefit pension plan for 2021: Service cost $450,000 Actual return on plan assets 230,000 Annual contribution to the plan 900,000 Amortization of prior service cost 123,000 Benefits paid to retirees 50,000 Settlement rate 10% Expected rate of return on plan assets 8% The accumulated benefit obligation at December 31, 2021, amounted to $3,150,000. Using the above information for Blossom Corporation, complete the pension work sheet for 2021. (Do not leave any answer field blank. Enter Using the above information for Blossom Corporation, complete the pension worksheet for 2021. (Do not leave any answer field blank. Enter for amounts.) Corporation Pension Work Sheet-2021 General Journal Entries Annual Pension OCE-Prior OCI Gain/ Expense Cash Service Cost loss Balance, Dec 31, 2020 615,000 Pension Asset/ Liability Service cost Interest cost Actuareturn Unexpected garbloss Amortization of PSC Contributions Benefits Actual return Unexpected gain/loss Amortization of PSC Contributions Benefits | 1111111. Gandoss Amortation journaler for 2021 Accumulated OCL, 12/31/20 Blanc Dec 31, 2021 HOMES mindented when amwfisented. Denalin Memo Entries Projected Benefit Obligation Plan Assets 3,900,000 2,700,000 Version 4.24.20.1 Prepare the journal entry to reflect the accounting for the company's pension plan for the year ending December 31, 2021. (Credit acco Date Account Titles and Explanation Debit Credit Dec. 31, 2021 SHOW LIST OF ACCOUNTS