Wildhorse Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $202,300; projected benefit obligation $252,000. Other data relating to 3 years operation of the plan are as follows.

Prepare a pension worksheet presenting all 3 years pension balances and activities. (Enter all amounts as positive.)

WILDHORSE COMPANY Pension Worksheet2019, 2020, 2021

General Journal Entries

Memo Record

Annual Pension Expense

Cash

OCIPrior Service Cost

OCIGain/ Loss

Pension Asset/ Liability

Projected Benefit Obligation

Plan Assets

2019 2021 $ 16,000 10 % 18,200 16,000 13,900 2020 $19,300 10 % 22,260 40,100 16,000 163,000 53,700 Annual service cost Settlement rate and expected rate of return Actual return on plan assets Annual funding (contributions) Benefits paid Prior service cost (plan amended, 1/1/20) Amortization of prior service cost Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: $26,200 10 % 24,500 48,200 21,000 41,600 512,100