The accountant for Marlin Corporation has developed the following information for the company's defined benefit pension plan for 2021: Service cost $1,500,000 Actual and expected return on plan assets 750,000 Annual contribution to the plan 2,760,000 Amortization of prior service cost 375,000 Benefits paid to retirees 180,000 Settlement rate 10% The accumulated benefit obligation at December 31, 2021, amounted to $9,750,000. Required: (a) Using the above information for Marlin Corporation, complete the pension work sheet for 2021. Indicate (credit) entries by parentheses. Calculated amounts should be supported. (b) Prepare the journal entry to reflect the accounting for the company's pension plan for the year ending December 31, 2021. Martin Corporation Pension Work Sheet-2021 General Journal Entries Memo Entries OCI Annual Pension Expense Gain/ Loss Cash PSC Pension Projected Asset/ Benefit Plan Liability Obligation Assets 3.750,000 (12,000,000) 8 250,000 Bal., Dec 31, 2020 1,875,000 Service Cost Interest Cost Actual return Amortization of PSC Contributions Benefits Gain/loss amort Journal entry for 2021 Balance, Dec 31, 2021