The accountant for Wildhorse Corporation has developed the following information for the company's defined-benefit pension plan for 2021: Service cost Actual return on plan assets $485,000 906,000 Annual contribution to the plan 904,000 Amortization of prior service cost 123,800 Benefits paid to retirees 51,000 Settlement rate 10% Expected rate of return on plan assets 8% The accumulated benefit obligation at December 31, 2021, amounted to $3,250,000. Balance, Dec. 31, 2020 Service cost Interest cost Actual return Unexpected gain/loss Amortization of PSC Contributions Benefits Gain/loss Amortization Journal entry for 2021 Annual Pension Expense Accumulated OCI, 12/31/20 Balance, Dec. 31, 2021 485000 906000 > Dr. Cr. > > > > > > > Cash > > > > > > > General Journal Entries OCI-Prior Service Cost 619,000 Wildhorse Corporation Pension Work Sheet-2021 OCI- Gain/ Loss > > Pension Asset/ Liability 1240000 > Cr. > > > > > > > > > > > > > > > > > Projected Benefit Memo Entries Obligation 3,940,000 Dr. > Plan Assets 2,700,000 Dr. > > > > > > > > > > > > > > > > > > > >