Sheridan Company provides the following information about its defined benefit pension plan for the year 2025.

Service cost $88,500

Contribution to the plan 104,900

Prior service cost amortization 10,300

Actual and expected return on plan assets 64,000

Benefits paid 39,300

Plan assets at January 1, 2025 627,200

Projected benefit obligation at January 1, 2025 686,300

Accumulated OCI (PSC) at January 1, 2025 152,900

Interest/discount (settlement) rate 9%

Prepare a pension worksheet inserting January 1, 2025, balances, showing December 31, 2025

SHERIDAN COMPANY Pension Worksheet-2025 I Entries