Tamarisk Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the years 2020 and 2021.

		2020			2021
Projected benefit obligation, January 1		$597,700
Plan assets (fair value and market-related value), January 1		407,700
Pension asset/liability, January 1		190,000	Cr.
Prior service cost, January 1		159,100
Service cost		39,700			$59,600
Settlement rate		10	%		10	%
Expected rate of return		10	%		10	%
Actual return on plan assets		35,900			60,700
Amortization of prior service cost		69,400			49,800
Annual contributions		97,900			80,800
Benefits paid retirees		31,200			52,970
Increase in projected benefit obligation due to changes in actuarial assumptions		87,300			0
Accumulated benefit obligation at December 31		718,000			784,700
Average service life of all employees					20 years
Vested benefit obligation at December 31					466,000

(a)

Prepare a pension worksheet presenting both years 2020 and 2021

(b) Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year. (c) For 2021, indicate the pension amounts reported in the financial statements.