The following data relate to the operation of Cullumber Co.s pension plan in 2021.

Service cost		$67,850
Actual return on plan assets		36,800
Amortization of prior service cost		32,200
Annual contributions		58,650
Benefits paid retirees		31,050
Average service life of all employees		25 years

The pension worksheet for 2020 is presented below.

The following data relate to the operation of Cullumber Cols pension plan in 2021. Service cost $67,850 Actual return on plan assets 36,800 Amortization of prior service cost 32,200 Annual contributions 58,650 Benefits paid retirees 31,050 Average service life of all employees 25 years The pension worksheet for 2020 is presented below. CULLUMBER COMPANY Worksheet-2020 General Journal Entries Annual Pension Expense OCI-Prior Service Cost OCI- Gain/Loss Cash Pension Asset/Liability $138,000 Cr. Memo Record Projected Benefit Obligation Plan Assets $373,750 Cr. $235,750 Dr. 23,000 Cr. 29,900 Cr. 20,700 Dr. Items Balance, Jan. 1, 2020 Service cost Interest cost Actual return Unexpected loss Amortization of PSC Contributions Benefits Increase in PBO Journal entry for 2020 Accumulated OCI, Dec. 31, 2019 Balance, Dec. 31, 2020 $23,000 Dr. 29,900 Dr. 20,700 Cr. 2,875 Cr. 40,250 Dr. $2,875 Dr. $40,250 Cr. $47,150 Cr. 47,150 Dr. 17,250 Cr. 17,250 Dr. 50,025 Cr. $69,575 Dr. $47,150 Cr. 50,025 Dr. 40,250 Cr. 52,900 Dr. 35,075 Cr. 92,000 Dr. $51,750 Dr. $52,900 Dr. $173,075 Cr. $459,425 Cr. $286,350 Dr. For 2021, Cullumber will use the same assumptions as 2020 for the expected rate of returns on plan assets. The settlement rate for 2021 is 10%. Prepare a pension worksheet for 2021. (Round answers to 0 decimal places, e.g. 2,500. Enter all amounts as positive.) CULLUMBER COMPANY Pension Worksheet-2021 General Journal Entries OCI-Prior OCI - Gain/ Service Cost Loss Memo Record Annual Pension Expense Pension Asset/ Liability Projected Benefit Obligation Plan Assets Items Cash Balance, Jan. 1, 2021 Service cost Interest cost Actual return Unexpected gain Amortization of PSC Amortization of loss Contributions Benefits Journal entry for 2021 Accumulated OCI, Dec. 31, 2020 Balance, Dec. 31, 2021 Calculate the amortization of the loss, if any, in 2021 using the corridor approach. (Round answers to 0 decimal places, e.g. 2,500.) Amortization of the loss Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31. (Round answers to 0 decimal places, e.g. 2,500. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2021 Indicate the pension amounts reported in the financial statements. (Round answers to 0 decimal places, e.g. 2,500.) Cullumber Co. Income Statement (Partial) Cullumber Co. Comprehensive Income Statement $ XXX $ XXX Cullumber Co. Partial Balance Sheet