Sheridan Corp. sponsors a defined-benefit pension plan for its employees. On January 1, 2021, the following balances related to this plan Plan assets (fair value) Projected benefit obligation Pension asset/liability Prior service cost OCI - LOSS $620,000 670,000 50,000 Cr. 82,000 72,000 As a result of the operation of the plan during 2021. the actuary provided the following additional data at December 31, 2021. Service cost for 2021 $77,000 Actual return on plan assets in 2021 56.940 Amortization of prior service cost 20,600 Contributions in 2021 122,000 Benefits paid retirees in 2021 87.000 Settlement rate 8 96 Expected return rate Average remaining service life of active employees 10 years 99 ompute pension expense for Sheridan Corp. for the year 2021 by preparing a pension worksheet. Annual Pension Expense Cash Balance, Jan. 1.2021 Service cost Interest cost Actual return > C Unexpected gain Amortization of PSC Amortization of loss Contributions > > 2 > Benefits > C > Journal entry for 2021