The following defined pension data of Doreen Corp. apply to the year 2012.

Defined benefit obligation, 1/1/12 (before amendment) ... $560,000

Plan assets, 1/1/12 ................... 546,200

Pension asset/liability ................ 13,800 Cr

On January 1, 2012, Doreen Corp., through plan amendment,

grants past service benefits having a present value of .... 100,000

Discount rate ....................... 9%

Service cost ..................... 58,000

Contributions (funding) ................ 55,000

Actual (expected) return on plan assets ........... 52,280

Benefits paid to retirees ................ 40,000

Past service cost amortization for 2012 .......... 17,000

Instructions

For 2012, prepare a pension worksheet for Doreen Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts.