The following defined pension data of Sarasota Corp. apply to the year 2017 Projected benefit obligation, 1/1/17 (before amendment) Plan assets, 1/1/17 Pension liability On January 1, 2017, Sarasota Corp., through plan amendment, $532,000 517,400 14,600 grants prior service benefits having a present value of Settlement rate Service cost Contributions (funding) Actual (expected) return on plan assets Benefits paid to retirees Prior service cost amortization for 2017 113,000 9% 53,700 60,500 49,400 38,200 15,700 For 2017, prepare a pension worksheet for Sarasota Corp. that shows the journal entry for pension (Enter all amounts as positive.) SARASOTA CORP Pension Worksheet-2017 General Journal Entries Annual Pension Expense OCI-Prior Service Cost Items Cash Balance. Dec 1 015 ment Items Expense Cash Service Cost Liability Obligatiorn Assets Balance, Dec. 31, 2016 Prior service cost Balance, Jan. 1, 2017 Service cost Interest cost Actual return Amortization of PSC Contributions Benefits Journal entry for 2017 Accumulated OCT, Dec 31,2016 Balance, Dec. 31, 2017 (4,600)