Rose Corporation, a publicly traded company, implemented a defined benefit pension plan for its employees on January 2, year 1. The following data are provided for year 2 and as of December 31, year 2:

Projected benefit obligation		$400,000
Accumulated benefit obligation		360,000
Plan assets at fair value		362,000
Pension cost for year 2		150,000
Pension contribution for year 2		150,000

Assume that as of January 1, year 2, Rose's pension plan was fully funded, and there were no recorded pension assets or liabilities on the balance sheet. Ignoring tax effects, which of the following entries would be needed to properly record the funding status of Rose's pension plan at December 31, year 2?

A. A debit to other comprehensive income for $38,000.

B. A debit to noncurrent pension asset of $2,000.

C. A credit to noncurrent pension liability for $40,000.

D. A debit to prepaid pension for $150,000.