The following information is available for Sheridan Corporation's defined benefit pension plan: Defined benefit obligation, opening balance, accounting basis Fair value of plan assets Current service cost Discount rate Actual return earned on plan assets Contributions (funding) Benefits paid to retirees 2020 175,000 165,000 35,000 7% 8% 44,000 24,800 2021 ? ? $47,250 7% 2022 2 ? $52,500 7% 7% 44,000 26,500 6% 44,000 26,600 On January 1, 2020, Sheridan Corp, amended its pension plan, resulting in past service costs with a present value of $77.900 Calculate the pension plan's surplus or deficit and the pension liability or asset reported on the December 31, 2020 2021. and 2022 statements of financial position assuming that Sheridan Corp.accounts for its pension plan under ASPE, (Round answers to O decimal places, eg. 5,275.) Amount Asset/Liability Calculate the pension plar's surplus or deficit and the pension liability or asset reported on the December 31, 2020, 2021, and 2022 statements of financial position assuming that Sheridan Corp. accounts for its pension plan under ASPE. Round answers to O decimal places, es. 5,275) Asset/Liability Amount $ 2020 2021 $ 2022 $ e Textbook and Media Calculate the total of pension expense for 2020, 2021. and 2022, assuming that Sheridan Corp. accounts for its pension plan under ASPE. (Round answers to decimal places, eg. 5,275) $ $ Pension Expense 2020 Pension Expense 2021 Pension Expense 2022 $ The following information is available for Sheridan Corporation's defined benefit pension plan: Defined benefit obligation, opening balance, accounting basis Fair value of plan assets Current service cost Discount rate Actual return earned on plan assets Contributions (funding) Benefits paid to retirees 2020 175,000 165,000 35,000 7% 8% 44,000 24,800 2021 ? ? $47,250 7% 2022 2 ? $52,500 7% 7% 44,000 26,500 6% 44,000 26,600 On January 1, 2020, Sheridan Corp, amended its pension plan, resulting in past service costs with a present value of $77.900 Calculate the pension plan's surplus or deficit and the pension liability or asset reported on the December 31, 2020 2021. and 2022 statements of financial position assuming that Sheridan Corp.accounts for its pension plan under ASPE, (Round answers to O decimal places, eg. 5,275.) Amount Asset/Liability Calculate the pension plar's surplus or deficit and the pension liability or asset reported on the December 31, 2020, 2021, and 2022 statements of financial position assuming that Sheridan Corp. accounts for its pension plan under ASPE. Round answers to O decimal places, es. 5,275) Asset/Liability Amount $ 2020 2021 $ 2022 $ e Textbook and Media Calculate the total of pension expense for 2020, 2021. and 2022, assuming that Sheridan Corp. accounts for its pension plan under ASPE. (Round answers to decimal places, eg. 5,275) $ $ Pension Expense 2020 Pension Expense 2021 Pension Expense 2022 $
