THE FOLLOWING FACTS APPLY TO THE PENSION PLAN FOR DEAN INC. FOR YEAR 2021 PLAN ASSETS JAN 1 2021 $540,000.00 PROJECTED BENEFIT OBLIGATION JAN 1 2021 $540,000.00 SETTLEMENT RATE 12.50% SERVICE COST $38,500.00 CONTRIBUTIONS (FUNDING) $50,000.00 ACTUAL EXPECTED RETURN ON ASSETS $55,600.00 IN BENEFITS PAID TO RETIREES $45,900.00 13 14 SHOW SEPARATELY AN TOTAL PLAN ASSET/ LIABILITY CALCULATION. 15 USING THIS DATA COMPUTE PENSION EXPENSE FOR 2021. AS PART OF YOUR SOLUTION, PREPARE A PENSION WORKSHEET 16 THAT SHOWS THE JOURNAL ENTRY FOR PENSION EXPENSE FOR 2021 AND THE YEAR-END BALANCES IN THE RELATED PENSION ACCOUNTS