The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2021:

	($ in 000s)
	Jan. 1				Dec. 31
Projected benefit obligation	$	5,600			$	5,880
Accumulated benefit obligation		3,790				4,100
Plan assets (fair value)		6,780				7,225
Interest (discount) rate, 6%
Expected return on plan assets, 10%
Prior service costAOCI (from Dec. 31, 2020, amendment)		990
Net lossAOCI		698
Average remaining service life: 10 years
Gain due to changes in actuarial assumptions						68
Contributions to pension fund (end of year)						490
Pension benefits paid (end of year)						445

Required: Prepare a pension spreadsheet that shows the relationships among the various pension balances, shows the changes in those balances, and computes pension expense for 2021. (Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in thousands (i.e. 200,000 should be entered as 200).)

Gain due to changes in actuarial assumptions Contributions to pension fund (end of year) Pension benefits paid (end of year) 68 490 445 Required: Prepare a pension spreadsheet that shows the relationships among the various pension balances, shows the changes in those balances, and computes pension expense for 2021. (Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in thousands (i.e. 200,000 should be entered as 200).) ($ in 000s) PBO Plan Assets Prior Service Cost-AOCI Net Loss- AOCI Pension Expense Cash Net Pension (Liability) Asset of (5,600) 6,780 990 698 0 Balance, Jan. 1, 2021 Service cost Interest cost Expected return on assets Adjust for: Loss on assets Amortization of: Prior service cost Net loss Gain on PBO Cash funding Retiree benefits Bal., Dec. 31, 2021 (5,600) 6,780 990 698 0 0