Sarasota Company sponsors a defined benefit pension plan. The following information related to the pension plan is available for 2020 and 2021.

		2020			2021
Plan assets (fair value), December 31		$768,900			$933,900
Projected benefit obligation, January 1		770,000			880,000
Pension asset/liability, January 1		154,000	Cr.		?
Prior service cost, January 1		275,000			264,000
Service cost		66,000			99,000
Actual and expected return on plan assets		26,400			33,000
Amortization of prior service cost		11,000			13,200
Contributions (funding)		126,500			132,000
Accumulated benefit obligation, December 31		550,000			605,000
Interest/settlement rate		9	%		9	%

(DJ Prepare the journal entries to record the pension expense and the company's funding of the pension plan for both years. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation Dec. 31, 2020 Dec. 31, 2021