The following information is available for the pension plan of Nash Company for the year 2020.

Actual and expected return on plan assets		$ 14,700
Benefits paid to retirees		40,800
Contributions (funding)		81,100
Interest/discount rate		10	%
Prior service cost amortization		7,600
Projected benefit obligation, January 1, 2020		458,000
Service cost		63,900

Compute pension expense for the year 2020.

Pension expense for 2020

$enter pension expense for 2017 in dollars

List of Accounts

Prepare the journal entry to record pension expense and the employers contribution to the pension plan in 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation	Debit	Credit
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount

List of Accounts