The following defined pension data of Indigo Corp. apply to the year 2020.

Projected benefit obligation, 1/1/20 (before amendment)		$504,000
Plan assets, 1/1/20		489,500
Pension liability		14,500
On January 1, 2020, Indigo Corp., through plan amendment, grants prior service benefits having a present value of		126,000
Settlement rate		9	%
Service cost		55,000
Contributions (funding)		68,300
Actual (expected) return on plan assets		48,600
Benefits paid to retirees		36,300
Prior service cost amortization for 2020		16,600

For 2020, prepare a pension worksheet for Indigo Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts. (Enter all amounts as positive.)

INDIGO CORP. Pension Worksheet-2020 General Journal Entries Items Annual Pension Expense OCI-Prior Service Cost Cash Balance, Dec 31, 2019 126000 Prior service cost Balance, Jan. 1, 2020 Service cost Interest cost 55000 Actual return 56700 Amortization of PSC 48600 16660 Contributions 16660 Benefits 68300 Journal entry for 2020 79760 Dr. $ 68300 109340 Accumulated OCI, Dec 31, 2019 Balance, Dec 31, 2020 109340 Memo Record Pension Asset/ Liability Projected Benefit Obligation Plan Assets 14500 50400 489500 126000 630000 489500 55000 65700 48600 68300 36300 36300 120800 135300 705400 570100 Dr