Spruce-East Advertising, Inc., initiated a defined-benefit pension plan 5 years ago. All prior service costs are for vested employees. The beginning balances for the current year related to the companys pension plan follow:

Beginning plan assets at fair value	$8,010
Beginning projected benefit obligation	9,133
Service cost	1,827
Settlement rate	8%
Expected return on plan assets	4%
Actual return on plan assets	570
Contributions for the year	1,060
Benefits paid during the year	900
Amortization of prior service cost	670
Beginning balance of Unamortized prior service cost (AOCI)	2,020
Beginning balance of Unamortized net actuarial gains (AOCI)	3,012
Average remaining service life of employees	5 years

Required - **********PLEASE USE THE PROVIDED FORMS************

A. Compute the total pension cost for the year.

B. Determine the ending balances of the plan assets and the projected benefit obligation and indicate the funded status of the plan for the year.

C. Reconcile the ending balance in the accumulated other comprehensive income account with the amounts attributable to unamortized prior service cost and unamortized net actuarial gains/losses.

D. Prepare the journal entry to record the current years pension cost

Calculation of amortization of actuarial gains: Unamortized net actuarial gains Corridor (10% of beginning PBO) Difference Average remaining number of years Amortization of net actuarial gains Amount Components of Pension Cost: Service cost Interest on beginning P80 Expected return on beginning plan assets Amortization of prior service costs Amortization of cumulative unamortized gain Total Pension Cost B T-Account Analysis of the P90: Benefits paid to retirees Pension Benefit Obligation Beginning balance Service cost Interest on beginnin PRO Ending bence T-Account Analysis of the Plon Assets at Fair value: Plan Assets at Fair Value Benefits paid to retirees Beginning balance Funding of the plan Expected return Unexpected return Ending balance Funding status of the end of the year Funding status at the beginning of the year Net over/under funding for the year T-Account Analysis of the Accumulated OCI Account: Accumulated Other Comprehensive Income Beginning balance Amortization of gain Unexpected return on assets Amortization of PSC Ending balance Actuarial Gains/Losses Total Breakdown of the components of the Accumulated OCI Account: Prior Service Cost Beginning balance Amortization of FSC Amortization of gain Acuarial goin frem unexpected return D General Journal Accounts Debit Credit Date Current Year