Sotherlin Inc. has a defined contribution plan. It has agreed to pay $275,000 now at the end of 20X4 and another payment of $200,000 at the end of 20X6 for employees' services for 20X4 The current interest rate is 5%. (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: Prepare the journal entry for the pension expense for 20X4. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar.) View transaction list Journal entry worksheet Record the pension expense Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal TABLE 1-2: Present value of an ordinary annuity of n payments of 1: (P/A,i,n) 0.98039 0.97561 0.97087 0.96154 0.95238 0.94340 0.93458 0.925 0.91743 0.90909 0.90090 0.89286 0.87719 0.86957 10 2.53129 2.48685 2.44371 2.40183 2.32163 2.28323 3.80773 3.76197 3.71710 3.62990 3.54595 3.46511 3.3872 3.31213 3.23972 3.16987 3.10245 3.03735 2.91371 2.85498 4.71346 4.64583 4.57971 4.45182 4.32948 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3,43308 3.35216 5.07569 4.91732 4.766544.62288 4.48592 4.35526 4.23054 4.1 6.47199 6.34939 6.23028 6.00205 5.786375.58238 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 4.28830 4.16042 7.32548 7.17014 7.01969 6.73274 646321 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 4.63886 448732 8.16224 7.97087 7.78611 743533 7.10782 6.80169 6.51523 6.24689 5.99525 5.75902 5.53705 5.32825 4.94637 4.77158 11 9.78685 9.51421 9.25262 8.76048 8.30641 7.88687 749867 7.13896 6.80519 6.49506 6.20652 5.93770 545273 5.23371 12 10.57534 10.25776 9.95400 9.38507 8.86325 8.38384 7.94269 7.53608 7.16073 6.81369 6,49236 6.19437 5,66029 542062 13 11.34837 10.98318 10.63496 9.98565 9.39357 8.85268 8.35765 7.90378 748690 7.10336 6.74987 6.42355 584236 5.58315 16 13.57771 13.05500 12.56110 11.65230 10.83777 10.10590 9.44665 8.85 37916 6.97399 6.26506 5.95423 23 18.29220 17.33211 16.44361 1485684 13.48857 12.30338 11.27219 10.37106 9.58021 8.88322 8.26643 7.71843 6.79206 6.39884 .16095 8.48806 7.89566 6.90608 6.49056 18.32703 16.32959 14.6430313.21053 11.98671 10.93516 10.02658 9.23722 8.54780 7.94255 6.93515 6.51353 1 34980 10.34280 9.47901 8.73315 8.08499 7.01988 6.57911 32 23.46833 21.84918 20.38877 1787355 15.80268 14.08404 12.64656 11.43500 10.40624 9.52638 8.76860 8.11159 7.03498 6.59053 33 23.98856 22.29188 20.76579 18.14765 16.00255 14.23023 12.75379 11.51389 10.46444 9.56943 8.80054 8.13535 7.04823 6.60046 34 24.49859 22.72379 21.13184 18.41120 16.19290 14.36814 12.85401 11.58693 10.51784 9.60857 8.82932 8.15656 7.05985 6.60910 65457 10.56682 9.64416 8.85524 8.17550 7.07005 6.61661 22.93770 21.39541 20.00043 17.58849 15.59281 13.92909 12.53181 35 24.99862 23.14516 21.48722 18.66461 16.37419 14.49825 12.94767 37 25.96945 23.95732 22.16724 19.14258 16.71129 14.73678 13.11702 11.77518 10.65299 9.70592 8.89963 8.20751 7.08683 6.62881 8 26.44064 24.34860 22.49246 19.36786 16.86789 14.84602 13.19347 11.82887 10.69082 9.73265 8.91859 8.22099 7.09371 6.63375 39 26.90259 24.73034 22.80822 19.58448 17.01704 14.94907 13.26493 11.87858 10.72552 9.75696 8.93567 8.233037.09975 6.63805 40 27.35548 25.10278 23.1147719.79277 17.15909 15.04630 13.33171 11.924 5 29.49016 26.83302 24.51871 20.72004 17.77407 15.45583 13.60552 12.10840 10.88120 9.86281 9.00791 8. 28252 2 TABLE 1-3: Present value ofan annuity due of n payments of1: (P/AD, i, ) 00000 1.00000 1.00000 1.00000 91743 1.90909 1.90090 189286 1.87719 18695 2.94156 2.92742 2.91347 2.88609 2.85941 2.83339 2.80802 2.78326 2.75911 2.73554 2.71252 2.69005 2.64666 2.62571 3.88388 3.85602 3.82861 3.77509 3.72325 3.6730 362432 3.57710 3.53129 3,48685 3.44371 3.40183 3.32163 3.28323 3872 4.31213 4.23972 4.16987 4.10245 4.03735 3.91371 3.85498 5.45182 5.32948 5.21236 5.10020 4.9927 4.88965 4.79079 4.69590 4.60478 4.43308 4.35216 6.07569 5.91732 5.76654 5.62288 5.48592 5.35526 5.23054 5.11141 4.88867 4.78448 .47199 7.34939 7.23028 7.00205 6.78637 6.58238 6.38929 6.20637 6.03295 5.86842 5.71220 5.56376 5.28830 5.16042 8.32548 8.17014 8.01969 7.73274 7.4632 7.20979 6.97130 6.74664 6.53482 6.33493 6.14612 5.96764 5.63886 5.48732 2 9.55948 9.06069 8.60608 8.19087 7.81086 7.14217 6.847 17 14.5777114.05500 13.56110 12.65230 11.83777 11.10590 10.44665 9.85137 9.31256 8.82371 8.37916 7.97399 20 16.67846 15.97889 15.32380 14.13394 13.08532 12.15812 11.33560 10.60360 9.95011 9.36492 8.83929 8.36578 7.55037 7.19823 24 19.29220 18.33211 17.44361 15.85684 14.48857 13.30338 12.27219 11.37106 10.58021 9.88322 9.26643 8.71843 7.79206 7.39884 25 19.91393 18.88499 17.93554 16.24696 14.79864 13.55036 12.46933 11.52876 10.70661 998474 9.34814 8.78432 7.83514 7.43377 26 20.5234619.42438 18.41315 16.62208 15.09394 104 1995061 18.87684 16.98277 15.37519 14.0031 2.82578 11.80998 10.92897 10.16095 948806 8.89566 28 21.70690 20,46401 19.32703 17.32959 15.64303 14.21053 12.98671 11.935 11.02658 10.23722 9.54780 8.94255 7.93515 7.51353 30 22.84438 21.45355 20.18845 17.98371 16.14107 14.59072 13.2776 23.39646 21.93029 20.60044 18.29203 16.37245 14.76483 13.40904 12.25778 11.27365 10.42691 9.69379 9.05518 8.00266 7.56598 33 24.46833 22.84918 21.38877 18.87355 16.80268 15.08404 13.64656 12.43500 1140624 10.52638 9.76860 9.11159 8.03498 7.59053 4 24.98856 23.29188 21.76579 19.14765 17.00255 75379 12.5138911.46444 10.56943 9.80054 9.13535 8.04823 7.60046 3 38 26.96945 24.95732 23.16724 20.14258 17.71129 15.73678 14.11702 12.77518 11.65299 10.70592 9.89963 9.20751 8.08683 7.62881 39 27.44064 25.34860 23.49246 20.36786 17.86789 15.84602 14.19347 12.82887 11.69082 10.73265 9.91859 9.22099 8.09371 7.63375 40 27.90259 25.73034 23.80822 20.58448 18.01704 15.94907 26493 12.87858 11.72552 10.75696 9.93567 9.23303 8.09975 7.63805 5 30.0799627.50385 25.25427 21.54884 18.66277 16.38318 14.55791 13.07 1.86051 10.84909 9.99878 9.27642 8.12047 7.65244 50 32.0520829.07137 26.50166 22.34147 19.16872 16.7075714.76680 13.21216 11.94823 10.90630 10.03624 9.30104 8.13123 7.65959