The pension plan for the General Gap, U.S company ended year 6 with a fair value of plan assets and projected benefit obligation of $930,000 and $850,000 respectively. The following information pertains to year 7 for the plan:

Plan contributions: 110,000

Plan benefits paid: 95,000

Service cost275,000

Other comprehensive income Balances:

-Unrecognized prior serivice cost goes from $225,000 at the end of year 6 $210,000 at the end of year7

Current prior serice cost 10,000

Unrecognized pension gain goes fron 85,000 at the end year6 to 90,000 at the end of year 7

-Current pension gain: 12,000

Discount Rate: 8%

Expected(and actual) Return on Plan Assets: 9%

Tax RAte: 30%

1.Provide the journal entires (include deferred tax impacts) for each of the following events:

a.Contribution to the pension plan

b. Current year Net Gain

C. Current year prior service Cost

D.Service Cost

E interest Cost

F. Return on plan assets

G. Amortization of prior service cost

H.Amortization of Net Gain