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Stardust Corp, an IFRS company, reported defined benefit obligation of $3,757,300 and Pension Plan Assets of $3,661,000 on December 31, 2019. The corporation's actuary provides

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Stardust Corp, an IFRS company, reported defined benefit obligation of $3,757,300 and Pension Plan Assets of $3,661,000 on December 31, 2019. The corporation's actuary provides the following information about the plan for 2020: Past service cost, plan amendment, effective on January 1, 2020 Service cost for the year 2020 Contributions (funding) 2020 Benefits paid in 2020 Actuarial increase in pension obligations Actual return on plan assets Expected retum on plan assets Discount rate $156,250 S188,100 221,650 91,950 56,450 5% 6% 6% Instructions m. Prepares pension worksheet for Stardust for 2020.(5 Marts) General 707 AR 720 GO Hei DOM 1.2011 Cam Semi Serve Cust Ne rest db A A Emp I Dhe b. Joumalize the pension expense for 2020. (4 Marks) c. What is the funding status at December 31, 2020? (1 Mark) Instructions m. Prepare a pension worksheet for Stardust for 2020.5 Marks) Genomes Meme Record RE DC Canoa A RZO Cal EXICO ING Na Die CT Erd LA Bet DU A EN wy 1.971 IAC Service CM At ti ANN New things and hel List of Movies of the dow Mom b. Journalize the pension expense for 2020. (4 Marks) e. What is the funding status at December 31, 2020? (1 Mark) 1

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