Hobbs AG has the following defined benefit pension plan balances on January 1, 2019.
Defined benefit obligation..........................‚¬4,600,000
Fair value of plan assets..............................4,600,000
The discount (interest) rate applicable to the plan is 10%. On January 1, 2020, the company amends its pension agreement so that past service costs of ‚¬600,000 are created. Other data related to the pension plan are as follows.

Instructions
a. Prepare a pension worksheet for the pension plan in 2019.
b. Prepare any journal entries related to the pension plan that would be needed at December 31, 2019.
c. Prepare a pension worksheet for 2020 and any journal entries related to the pension plan as of December 31, 2020.
d. Indicate the pension-related amounts reported in the 2020 financial statements.

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2019 2020 €150,000 €170,000 Contributions (funding) to the plan 200,000 184,658 220,000 280,000 252,000 350,000 Service cost Benefits paid Actual return on plan assets