Skysong Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2017, the following balances relate to this plan. Plan assets Projected benefit obligation Pension asset/liability Accumulated OCI (PSC) $498,300 614,700 116,400 96,900 Dr. As a result of the operation of the plan during 2017, the following additional data are provided by the actuary. $92,500 Service cost Settlement rate, 9% Actual return on plan assets Amortization of prior service cost Expected return on plan assets Unexpected loss from change in projected benefit obligation, due to change in actuarial predictions Contributions Benefits paid retirees 54,200 18,100 51,200 74,200 97,200 82,600 v (a) Using the data above, compute pension expense for Skysong Corp. for the year 2017 by preparing a pension worksheet. (Enter all amounts as positive.) SKYSONG CORP. Pension Worksheet General Journal Entries OCI-Prior OCI- Gain/ Service Cost Loss Annual Pension Expense Pension Asset/ Liability Memo Record Projected Benefit Obligation Plan Assets Items Cash Balance, Jan. 1, 2017 $ $ $ $ Service cost Interest cost + Actual return + Unexpected gain + Amortization of PSC + Liability increase Contributions Benefits + + . Journal entry for 2017 $ - Accumulated OCI, Dec. 31, 2016