The following information is available for Antoine Corporation's pension plan for the 2017 fiscal year:

On January 1, 2017, Antoine Corp. amended its pension plan, resulting in past service costs with a present value of $140,400. Antoine follows ASPE.
Instructions
(a) Calculate pension expense for 2017 and prepare journal entries to record the expense and funding for the year.
(b) Determine the balance of the net defined benefit liability/asset reported on the December 31, 2017 balance sheet.
(c) Prepare a 2017 pension work sheet for Antoine Corporation.
(d) Identify the December 31, 2017 plan surplus or deficit and compare it with the asset or liability reported on the December 31, 2017 balance sheet.
(e) Explain the result of your comparison in part (d).
(f) Identify what would change if Antoine Corp. applied IFRS instead of ASPE.

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Defined benefit obligation, 1/1/17, accounting basis, before plan amendment Fair value of plan assets, 1/1/17 Current service cost Discount rate Actual return on plan assets Contributions (funding) Benefits paid to retirees $255,000 297,000 63,000 10% 8% 79,200 43,200