The following facts apply to the pension plan of Marigold Inc. for the year 2020. Plan assets, January 1, 2020 $537,100 Projected benefit obligation, January 1, 2020 537,100 Settlement rate 8 % Service cost 40,100 Contributions (funding) 25,600 Actual and expected return on plan assets 51.000 Benefits paid to retirees 34,100 Using the preceding data, compute pension expense for the year 2020. As part of your solution, prepare a pension worksheet that shows the journal entry for pension expense for 2020 and the year-end balances in the related pension accounts. (Enter all amounts as positive.) MARIGOL Pension Works General Journal Entries Annual Pension Expense Cash Items Balance, January 1, 2020 Service cost $ $ > > Interest cost Journal entry, December 31 $ Balance, December 31, 2020 $ GOLD INC. prksheet-2020 Memo Record Pension Asset/ Liability Projected Benefit Obligation Plan Assets $ > > > >> $