tutor Question # 2: On December 31,2014, Corbett Company accomulated the following information for 2014 in regard to its defined benefit pension plan Service Cost Interest cost on projected benefit obligation (PBO)24,000 Expected return on plan assets 210,000 22,000 ization of prior service costs 4,000- its December 31, 2013 balance sheet, Corbett Company had reported a liability account belance of $15,000 for Accrued/Prepaid Pension Costs REQUIRED A. Compute the amount of Corbett's pension expense for 2014. 211/ ,000 B. Prepare the journal entries related amount of to Corbett's pension plan for 2014 if it funds the pension plan in the ) $ 216,000 2) $208,000 3) $240,000 c. How much wiln Corbett need to fund its pension plan for in 2014 in order to report an $8.000 asset on its December 31. 2014 balance sheet instead of the current $15,000 liability for the account Accrued/Prepaid Pension Costs