TKE Corporation established a defined benefit pension plan in 2016. TKE has provided the following information for the year ended December 31, 20X1: Service cost Interest cost Actual return on plan assets Expected return on plan assets Amortization of prior service costs $ 90,000 $120,000 $ 70,000 $ 80,000 $ 30,000 If the company contributes $160,000 cash to the pension plan trustee, which one of the following journal entries properly records the pension plan activity for 2018? Multiple Choice DR Pension expense 160,000 DR Pension asset (liability) 20,000 CR Cash 160,000 CR Other comprehensive income 20,000 DR Pension expense 170,000 DR Pension asset (liability) 30,000 CR Cash 160,000 CR Other comprehensive income 40,000 DR Pension expense 130,000 DR Pension asset (liability) 30,000 CR Cash 160,000 DR Pension expense 160,000 DR Pension asset (liability) 43,000 CR Cash 160,000 CR Other comprehensive income 30,000