The following defined pension data of EPA Corporation apply to the year 2017.

PBO, Jan 1 2017 (before amendment)	5,200,000
Plan assets, Jan 1, 2017	5,180,000
On Jan 1,2017, through plan amendment, prior service benefits granted having a PV of	215,000
Settlement and expected return rate	9%
Service Cost	255,000
Contributions (funding)	388,000
Actual return on plan assets	429,000
Benefits paid to retirees	420,000
Average service life of all covered employees in years	10

Instructions:

1) For 2017, prepare a pension worksheet that shows the journal entry for pension expense and the year end balances in the related pension accounts.

2) Prepare the journal entry for pension expense for 2017.