Service cost $46,900 10,500 Contribution to the plan Actual and expected return on plan assets 11,800 Benefits paid 21,100 Plan assets at January 1, 2017 120,800 317,900 Accumulated postretirement benefit obligation at January 1, 2017 Discount rate 10 % Prepare a worksheet inserting January 1, 2017, balances, and showing December 31, 2017, balances. (Enter all amounts as positive.) Teal Co. Pension Worksheet-2017 General Journal Entries Memo Record Postretirement Asset/ Liability Annual Postretirement Expense Cash APBO Plan Assets Balance, Jan. 1, 2017 $4 %$4 Service cost Interest cost Actual return Contributions Benefits Journal entry for 2017 Balance, Dec. 31, 2017