The accountant for Ivanhoe Corporation has developed the following information for the company's defined-benefit pension plan for 2021: Service cost Actual return on plan assets $520,000 258,000 Annual contribution to the plan 928,000 Amortization of prior service cost 125,800 Benefits paid to retirees 64,000 Settlement rate Expected rate of return on plan assets 10% 8% The accumulated benefit obligation at December 31, 2021, amounted to $3,290,000. Using the above information for Ivanhoe Corporation, complete the pension work sheet for 2021. (Do not leave any answer field blank. Enter 0 for amounts.) Balance, Dec. 31, 2020 Service cost Interest cost Actual return Unexpected gain/loss Amortization of PSC Contributions Benefits Gain/loss Amortization Annual Pension Expense Cash General Journal Entries OCI-Prior Service Cost Ivanhoe Corporation Pension Work Sheet-2021 Memo Entries OCI- Gain/ Loss Pension Asset/ Liability Projected Benefit Obligation 4,040,000 629,000 Plan Assets 2,770,000 Journal entry for 2021 Accumulated OCI, 12/31/20 Balance, Dec. 31, 2021 LINK TO TEXT LINK TO TEXT Prepare the journal entry to reflect the accounting for the company's pension plan for the year ending December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Date Dec. 31, 2021 Debit Credit