Sandhill Company received the following selected information from its pension plan trustee concerning the operation of the company's defined benefit pension plan for th year ended December 31, 2017. Projected benefit obligation Market-related and fair value of plan assets Accumulated benefit obligation Accumulated OCI (G/L)-Net gain January 1, 2017 $1,471,000 815,000 1,615,000 December 31, 2017 $1,496,000 1,149,500 1,737,100 (197,100 ) 0 The service cost component of pension expense for employee services rendered in the current year amounted to $75,000 and the amortization of prior service cost was $122,100. The company's actual funding (contributions) of the plan in 2017 amounted to $253,000. The expected return on plan assets and the actual rate were both 10%; the interest/discount (settlement) rate was 10%. Accumulated other comprehensive income (PSC) had a balance of $1,221,000 on January 1, 2017. Assume no benefits paid in 2017. Determine the amounts of the components of pension expense that should be recognized by the company in 2017. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g.-45 or parenthesis e.g. (45).) Components of Pension Expense Service Cost 75,000 $ Interest on Projected Benefit Obligation V 147,100 Expected Return on Plan Assets (81,500) Amortization of Prior Service Cost 122,100 Indicate the pension-related amounts that would be reported on the income statement and the balance sheet for Sandhill Company for the year 2017. Sandhill Company Income Statement (Partial) For the Year Ended December 31, 2017 Total Expenses Pension Expense 262,700 Sandhill Company Comprehensive Income Statement For the Year Ended December 31, 2017 Net Income / (Loss) $XXXX Other Comprehensive Income (Loss) v Amortization of PSC $ Liability Gain Comprehensive Income $XXXX Comprehensive Income $XXXX Sandhill Company Balance Sheet (Partial) For the Year Ended December 31, 2017 Liabilities Pension Liability Stockholders' Equity Accumulated Other Comprehensive Loss (PSC) $ Accumulated Other Comprehensive Income (G/L) Click if you would like to Show Work for this question: Open Show Work