The accountants for Eden Financial Services provide you with the following detailed information at December 31, 2013. Based on these data, prepare the summary journal entries related to the recognition of pension expense and the pension contribution for 2013.
Service cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 52,000
Actual return on pension plan assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81,000
Interest cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59,000
Excess of expected return over actual return on pension plan assets . . . . 15,000
Amortization of deferred pension loss from prior years . . . . . . . . . . . . . . 24,000
Amortization of prior service cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36,000
Contribution to pension fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000