The accountant for Sunland Corporation has developed the following information for the company's defined-benefit pension plan for 2019:

Service cost		$540,000
Actual return on plan assets		266,000
Annual contribution to the plan		936,000
Amortization of prior service cost		126,600
Benefits paid to retirees		68,000
Settlement rate		10%
Expected rate of return on plan assets		8%

The accumulated benefit obligation at December 31, 2019, amounted to $3,330,000.

Using the above information for Sunland Corporation, complete the pension work sheet for 2019 Prepare the journal entry to reflect the accounting for the company's pension plan for the year ending December 31, 2019.