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Someone please help me figure this out! Problem 20-02 (Part Level Submission) Vaughn Company adopts acceptable accounting for its defined benefit pension plan on January

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Problem 20-02 (Part Level Submission) Vaughn Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $198,400; projected benefit obligation $248,000. Other data relating to 3 years' operation of the plan are as follows. Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan amended, 1/1/20) Amortization of prior service cost Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: 2019 $16,300 10 % 18,200 16,300 14,000 2020 $19,100 10 % 21,890 40,100 16,200 159,100 54,200 2021 $26,100 10 % 24,200 49,000 20,700 42,000 511,900 (a) Prepare a pension worksheet presenting all 3 years' pension balances and activities. (Enter all amounts as positive.) VAUGHN COMPANY Pension Worksheet-2019, 2020, 2021 General Journal Entries Annual Pension OCI-Prior OCI-Gain/ Cash Expense Service Cost Loss Plan Assets Pension Asset/ Liability 49600 ( Cr. Memo Record Projected Benefit Obligation 248000 Cr. $ 16300 Cr. 9 24800 Cr. 9 Balance, Jan. 1, 2019 Service cost 198400 Dr. A Interest cost 16300 Dr. 24800 Dr.) 18200 Cr. 9 1640 Cr. Actual return ...... 18200 Dr. A Unexpected loss diluildid 1640 Dr. Contributions 16300 Cr. A boan000 16300 ( Dr. 14000 Dr. A Benefits 14000 Cr. - 21260 Dr. $ 16300 Cr. A 1640 Dr. 9 6600 Cr. Journal entry for 2019 Accumulated OCI, Dec. 31, 2018 Balance, Dec. 31, 2019 $ 1640 Dr. 56200 ( Cr. 303100 Cr. 246900 Dr. 2 Additional PSC, 1/1/2020 Balance, Jan. 1, 2020 Service cost | 00000D CCCCCC Interest cost Actual return Amortization of PSC Contributions Benefits Journal entry for 2020 $ Accumulated OCI, Dec. 31, 2019 Balance, Dec. 31, 2020 illicidade porciedade | 00000000g CUCUUC00 dudiiiiiiii iiiiiiiiiii | EDUCCCCCCCCCCCCCC CITIZIDDDDD DDDDDDDDED Service cost Interest cost Actual return Unexpected loss Amortization of PSC CUCU00_ CCCCCCC Contributions Benefits Liability gain Journal entry for 2021 Accumulated OCI, Dec. 31, 2020 Balance, Dec. 31, 2021

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