Question $6$

The accountant for Martin Corporation has developed the following information for the

company's defined$-$benefit pension plan for $2025$:

Service cost

Benefits paid to retirees

Settlement rate

Expected rate of return on Nan

assets

Instructions:

Using the above information for Marlin Corporation, complete the pension worksheet

for $2025.$ Indicate $($credit$)$ entries by parentheses. Calculated amounts should be

supported.

Prepare the journal entry to reflect the accounting for the company's pension plan for

the year ending December $31,2025.$