Turner inc provides a defined benefit pension plan to is employees. The company has 150 employees. The remaining amortizanion period at Decernber 31,200, for prior service cost is 5 years. The averoge remaining service life of employees is 11 years at January 1 fecognition of its gains and losses when computng iss market-related value to compute expected return. Additional information: Required: 1. Compute the amount of prior service cost that would be amortized as a component of pension expense for 201 and 202 2. Compute the octual return on plan assets for 20xt. 3. Compute the unexpected net gain or loss on plan assets for 201 A Compute pension experice for 201 5. Prepate the company/s required pension joumal entres for 20Xi 6. Compute the 201 increaseidecrease in AOCI-net actuariat (gan) loss and the amount to be amortized in 201 and 202 7. Confirm that the pension asset diabdity on the bolance sheet equals the funded status as of December 31 , 20x1 Complete this question by ontering your answers in the tabs below. Canfirm that the pension asset (liability) on the balance stieet equals the funded statin as of December 31,201 by Required: 1. Compute the amount of prior service coet that would be amortzed as a component of pension expense for 201 and 202 2. Compute the actual return on plan assets for 20X1. 3. Compute the unexpected net gain or ioss on plan astets for 201 4. Compute pencion expense for 201 5. Prepare the compony's reguired pension journal entries for 20X1. 6. Compute the ZOX1 increaseidecrease in AOCI-net actuanal (gain) loss and the amount to be omortized in 201 and 202 7. Confirm that the pension asset flobility on the balance sheet equals the funded status as of December 31,201 Complete this question by entering vour answers in the tabs below. Compute the 201 increase/decrease in AOCI-net actuanul ( 0 sin) loss and the amount to be amortiund in 201 and 20C. (thput all values as positrve amountis.) 5. Prepare the company's required pension journal entres for 20X : 6 Compute the 201 increaseldecrease in AOCl= net actuarial (gain) loss and the amount to be amortized in 201 and 202 7 Confitm that the penston asset (iability on the balance sheet equals the funded status as of December 31,201 Complete this question by entering your answers in the tabs below. Prepare the company's required pension journal entries for 201. (if no entry is required for a transactionvevent, selec "Wo Joumal Enti Required" in the first account field.) Journal entry worksheet Record the amprtization of prior service cost. Nute buter bebin betere godes. Complete this question by entering your answers in the tabs below. Prepare the company's required pension journal eatries for 20X1. (If no entry is required for a trancactionvevent, select "No Journal Entry Regured" in the first account field.) Journal entry worksheet 5. Prepare the company's requtred pension journat entnes for 201. 6. Compute the 201 increaseidecrease in AOCI-net actuarlal (gain) loss and the amount to be omonized in 201 and 202 7. Confirm that the pension asset (liability) on the balance sheet equals the funded status as of December 31, 20X1 Complete this question by entering vour answers in the tabs below. Prepare the company's required pension journal entries for 201. (If no entry is required for a trantactionvevent, select "No foumal Entry Required in the first account field.) Journal entry worksheet Record the unexpected gain or loss on plan astets. 5. Prepare the company's requtred pension journal entries for 201. 6. Compute the 201 increaserdectease in AOCl-net actuartal forim loss and the amount to be amortized in 201 and 202 Complete this question by entering your answers in the tabs below. Prepare the company's required pernsion journal entries for 20X1. (If no entry is required for a transectionvevent, select "No Joumal Entry Required in the fint account fieldi) Journal entry worksheet \begin{tabular}{lllll} 1 & 1 & & \end{tabular} Record the actuarial gain or loss on PBO. hoes Entar debes hefure oodes