The following information is available for Ivanhoe Corporation's pension plan for the 2020 fiscal year

The following information is available for Ivanhoe Corporation's pension plan for the 2020 fiscal year: Defined benefit obligation, 1/1/20, accounting basis, before plan amendment $283,000 Fair value of plan assets, 1/1/20 315,000 Current service cost 63,900 Discount rate 12% Actual return on plan assets 10% Contributions (funding) 78,200 Benefits paid to retirees 42,600 On January 1, 2020, Ivanhoe Corp. amended its pension plan, resulting in past service costs with a present value of $140,250. Ivanhoe follows ASPE. Calculate pension expense for 2020. Pension expense $1 Prepare journal entries to record the expense and funding for the year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record pension expense.) (To record contributions to the pension fund.) Determine the balance of the net defined benefit liability/asset reported on the December 31, 2020 balance sheet. Net defined benefit v), December 31, 2020 $Prepare a 2020 pension work sheet for Ivanhoe Corporation. Ivanhoe Corporation Pension Work Sheet - 2020 General Journal Entries Memo Record Entries Annual Net Defined Defined Pension Benefit Liability/ Benefit Plan Items Expense Cash Asset Obligation Assets Balance, Jan. 1, 2020 v $ v $ v v $ V (a) Past service cost v v v b) Current service cost V v (c) Net interest/finance cost v (d) Asset remeasurement loss (e) Contributions (f) Benefits paid Expense entry - 2020 Contribution entry - 2020 Balance, Dec. 31, 2020 Identify the December 31, 2020 plan surplus or deficit and compare it with the asset or liability reported on the December 31, 2020 balance sheet. Plan reported