Shamrock Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2020, the following balances related to this plan Plan assets (market-related value) Projected benefit obligation Pension asset/liability Prior service cost Net gain or loss (debit) $480,000 650,000 170.000 Cr. 80,000 85,000 As a result of the operation of the plan during 2020, the actuary provided the following additional data for 2020. $99,000 Service cost Settlement rate, 9%; expected return rate, 10% Actual return on plan assets Amortization of prior service cost Contributions Benefits paid retirees Average remaining service life of active employees 42,000 25,000 124.000 82,000 10 years Using the preceding data, compute pension expense for Shamrock Corp. for the year 2020 by preparing a pension worksheet that shows the journal entry for pension expense. (Enter all amounts as positive.) Annual Pension Expense Items Cash Balance, Jan. 1, 2020 $ $ v $ Service cost > 99000 Dr. 58500 Dr. C Interest cost Actual return 42000 Cr > Amortization of loss Contributions > 25000 Cr. Benefits v > > Cr. v C. V C > $ Use the market-related asset value to compute the expected return and for corridor amortization. Expected return $ Corridor amortization Memo Record Penison Asset/ Liability Projected Benefit Obligation Plan Assets C Use the market-related asset value to compute the expected return and for corridor amortization. Expected return $ Corridor amortization $