Bonita Company received the following selected information from its persion plan trustee concerning the operation of the company's defined benefit pension plan for the year ended December 31, 2020. January 1, 2020 December 31, 2020 Projected benefit obligation $1,491,000 $1,517,000 Market-related and fair value of plan assets 804,000 1,138,400 Accumulated benefit obligation 1,587,000 1,704,700 Accumulated OCI (G/L)-Net gain (199,100) The service cost component of pension expense for employee services rendered in the current year amounted to $76,000 and the amortization of prior service cost was $117,700. The company's actual funding (contributions) of the plan in 2020 amounted to $254,000. The expected return on plan assets and the actual rate were both 10%; the interest/discount (settlement) rate was 10%. Accumulated other comprehensive income (PSC) had a balance of $1,177,000 on January 1, 2020. Assume no benefits paid in 2020. Determine the amounts of the components of pension expense that should be recognized by the company in 2020. (Enter amounts that reduce pension expense with either a negative sign preceding the number e.g. -45 or parenthesis e.g. (45).) Components of Pension Expense vs V v SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Account Titles and Explanation Credit (To record pension expense and employer's contribution) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Indicate the pension-related amounts that would be reported on the income statement and the balance sheet for Bonita Company for the year 2020. Bonita Company Income Statement (Partial) Bonita Company Comprehensive Income Statement V $XXXX V V