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The accountant for Blossom Corporation has developed the following information for the company's defined benefit pension plan for 2021 Service cost $450,000 Actual return on

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The accountant for Blossom Corporation has developed the following information for the company's defined benefit pension plan for 2021 Service cost $450,000 Actual return on plan assets 230,000 900,000 123,000 Annual contribution to the plan Amortization of prior service cost Benefits paid to retirees Settlement rate Expected rate of return on plan assets 50,000 10% 8% The accumulated benefit obligation at December 31, 2021, amounted to $3,150,000 Using the above information for Blossom Corporation, complete the pension work sheet for 2021. (Do not leave any answer field blank Enter for amounts.) Annual Pension Expense Cash Balance, Dec 31, 2020 Service cost Unexpected gain/loss Amortization of PSC Contains Question 11 of 20 - / 10 Service cost Interest cost Unexpected gain/loss Amortization of PSC Contributions Journal entry for 2021 Accumulated OCI, 12/31/20 Balance, Dec 31, 2021 Corporation Pension Work Sheet-2021 General Journal Entries OCI-Prior OCI Gain/ Service Cost Loss Pension Asset/ Liability 615,000 | > Memo Entries Pension Asset/ Liability Projected Benefit Obligation Plan Assets 3,900,000 2.700,000 - / 10 Projected Benefit Obligation Plan Assets 3,900,000 2,700,000 > >

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