Sunland Co. provides the following information about its postretirement benefit plan for the year 2020. Service cost Contribution to the plan Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2020 Accumulated postretirement benefit obligation at January 1, 2020 Discount rate $40,600 9,600 10,800 19,800 105,300 347,700 8 % Prepare a worksheet inserting January 1, 2020, balances, and showing December 31, 2020, balances. (Enter all amounts as positive.) Sunland Co. Pension Worksheet-2020 General Journal Entries Postretirement Asset/ Cash Liability Memo Record Annual Postretirement Expense APBO Plan Assets Balance, Jan. 1, 2020 $ Service cost Interest cost Actual return Contributions Benefits M Journal entry for 2020 $ Balance, Dec. 31, 2020 Prepare the journal entry recording postretirement benefit expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit