The interest (settlement) rate applicable to the plan is 10%. On January 1, 2021, the company amends its pension agreement so that prior service costs of $494,000 are created. Other data related to the pension plan are as follows.

		2020			2021
Service cost		$148,000			$177,000
Prior service cost amortization		0			90,000
Contributions (funding) to the plan		244,000			288,000
Benefits paid		200,000			275,000
Actual return on plan assets		254,400			260,000
Expected rate of return on assets		6	%		8	%

(a)

Prepare a pension worksheet for the pension plan for 2020 and 2021. (Enter all amounts as positive.)