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

Projected benefit obligation, 1/1/20 (before amendment)		$548,000
Plan assets, 1/1/20		533,900
Pension liability		14,100
On January 1, 2020, Sunland Corp., through plan amendment, grants prior service benefits having a present value of		118,000
Settlement rate		8	%
Service cost		56,800
Contributions (funding)		60,500
Actual (expected) return on plan assets		48,600
Benefits paid to retirees		41,400
Prior service cost amortization for 2020		18,200

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

SUNLAND CORP. Pension Worksheet2020

General Journal Entries

Memo Record

Items

Annual Pension Expense

Cash

OCIPrior Service Cost

Pension Asset/ Liability

Projected Benefit Obligation

Plan Assets

Balance, Dec. 31, 2019