Recording Pension Expense, Gains/Losses, Funding, Benefit Payments and Preparing Worksheet Amex Company started a noncontributory defined benefit pension plan on January 1, 2019. The records of Amex Company indicate the following for the year 2020. Account Balances Jan. 1, 2020 Projected Benefit Obligation $48,000 Cr. Plan Assets 44,000 Dr. Accumulated OCI-Pension Gain/Loss 2,400 Cr. Activity 2020 Service cost $16,000 Interest cost interest rate, 10%) 4,800 Gain in PBO due to change in actuarial assumption 3,200 Pension benefits paid 800 Actual earnings on plan assets (same as expected return) 4,000 Plan funding payment (contributions) 24,000 Financial Statement Amounts and Entries Pension Worksheet d. Create a worksheet to summarize the pension data at the end of 2020. Reported in Comprehensive Income OCI Pension Prior Pension Expense Service Cost Gain/Loss $ 0 $ 0 $ 0 0 Reported Net in Financial Statements Reported on Balance Sheet Accumulated OCI Plan Net Pension Prior Pension Cash Assets PBO Asset/Liability Service Cost Gain/Loss Outflow $ o $ 0 $ $ Balance, January 1, 2020 0 Service cost 0 0 0 0 0 $ 0 Interest cost 0 0 0 0 0 0 0 0 Expected return 0 0 0 0 Defer actuarial gain on PBO 0 Amortization of pension gain/loss 0 0 0 0 Contributions to fund 0 0 0 0 0 Benefits payments 0 0 0 0 0 $ 0 $ 0 $ 0 Balance, December 31, 2020 Please answer all parts of the question. 0 0 0 0 | | | 0 0 0 OOOO 0 0 0 $ $ $ 0 $ 0 $