Whispering Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2017, the following balances relate to this plan.

Plan assets		$484,800
Projected benefit obligation		616,900
Pension asset/liability		132,100
Accumulated OCI (PSC)		98,000	Dr.

As a result of the operation of the plan during 2017, the following additional data are provided by the actuary.

Service cost		$87,300
Settlement rate, 9%
Actual return on plan assets		56,500
Amortization of prior service cost		19,600
Expected return on plan assets		53,500
Unexpected loss from change in projected benefit obligation, due to change in actuarial predictions		77,500
Contributions		101,900
Benefits paid retirees		88,900

Using the data above, compute pension expense for Whispering Corp. for the year 2017 by preparing a pension worksheet. (Enter all amounts as positive.)

Prepare the journal entry for pension expense for 2017.