The following information is available forBlossomCorporation's pension plan for the 2020 fiscal year:

Defined benefit obligation, 1/1/20, accounting basis, before plan amendment $293,000

Fair value of plan assets, 1/1/20 319,000

Current service cost 63,600

Discount rate11%

Actual return on plan assets 9%

Contributions (funding) 78,600

Benefits paid to retirees 42,600

On January 1, 2020,BlossomCorp. amended its pension plan, resulting in past service costs with a present value of $140,000.Blossomfollows ASPE.

a. Calculate pension expense for 2020.

b. Have journal entries to record the expense and funding for the year.

c. Determine the balance of the net defined benefit liability/asset reported on the December 31, 2020 balance sheet.

d. Have a 2020 pension work sheet forBlossomCorporation.

e. 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.