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The following information regarding Pharoah Company's defined benefit pension plan was taken from the company's records for 2020: Defined Benefit Obligation, January 1 $3,320,000 Actual

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The following information regarding Pharoah Company's defined benefit pension plan was taken from the company's records for 2020: Defined Benefit Obligation, January 1 $3,320,000 Actual return on plan assets 280,900 Benefits paid to retirees 43,450 Current year service cost 116,350 Interest cost 226,200 Employer contributions for the year 91,400 Pension Plan Assets, January 1 2,870,000Prepare a continuity schedule for the plan assets for 2020. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Pension Plan Assets, January 1 $ 2870000 Actual Return on Plan Assets w 280900

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