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

Projected benefit obligation, 1/1/20 (before amendment) $562,000

Plan assets, 1/1/20 547,600

Pension liability 14,400

On January 1, 2020, Martinez Corp., through plan amendment, grants prior service benefits having a present value of 126,000

Settlement rate 10 %

Service cost 57,800

Contributions (funding) 68,700

Actual (expected) return on plan assets 48,500

Benefits paid to retirees 40,200

Prior service cost amortization for 2020 18,400

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