Whispering Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2016, with the following beginning balances: plan assets $202,000; projected benefit obligation $245,000. Other data relating to 3 years operation of the plan are as follows.

		2016			2017			2018
Annual service cost		$16,100			$18,600			$25,600
Settlement rate and expected rate of return		10	%		10	%		10	%
Actual return on plan assets		18,200			22,220			24,000
Annual funding (contributions)		16,100			39,800			47,600
Benefits paid		14,100			16,500			21,400
Prior service cost (plan amended, 1/1/17)					159,200
Amortization of prior service cost					55,200			42,400
Change in actuarial assumptions establishes a December 31, 2018, projected benefit obligation of:								518,100

	Your answer is partially correct. Try again.

Prepare a pension worksheet presenting all 3 years pension balances and activities.