The following defined pension data ofFlounderCorp. apply to the year 2017.

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

Projected benefit obligation,1/1/17 (before)$628,000

Plan assets, 1/1/17

The following defined pension data of Flounder Corp. apply to the year 2017. For 2017, prepare a pension worksheet for Flounder Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts. Projected benefit obligation, 1/1/17 (before) $628,000 Plan assets, 1/1/17 614,200 Pension liability 13,800 On January 1, 2017, Flounder Corp., through plan grants prior service benefits having a present value of 99,000 Settlement rate 9% Service cost 59,000 Contributions (funding) 67,000 Actual (expected) return on plan assets 46,500 Benefits paid to retirees 38,000 Prior service cost amortization for 2017 19,100Annual Pension Items Expense Cash Balance, Dec. 31, 2016 $ $ V $ Prior service cost Balance, Jan. 1, 2017 Service cost Interest cost Actual return Amortization of PSC V Contributions Benefits