Sheridan Corp. sponsors a defined benefit pension plan for its employees. On January $1,2025,$ the following balances relate to this

plan.

As a result of the operation of the plan cluring $2025,$ the following additional data are provided by the actuary.

Service cost

$$93\mathrm{.}300$

Settlement rate. $9\%$

Actual return on plan assets

$56\mathrm{.}300$

Amortization of prior service cost

$18\mathrm{.}200$

Expected return on plan assets

$53\mathrm{.}200$

Unexpected loss from change in projected benefit obligation,

due to change in actuarial predictions

$76\mathrm{.}200$

Contributions

$96\mathrm{.}100$

Benefts paid retirees

$84,300$

Using the data above, compute pension expense for Sheridan, for the year $2025$ by preparing a pension worksheet. $($Enter all

amounts as positive.$)$

Items

Annual Pension

Expense

Cash

Balance, Jan. $1,2025$

Service cost

Interest cost

Actual return

Unexpected gain

Amortization of PSC

Liability increase