Jackson Company adopts accept-able accounting for its defined benefit pension plan on January 1, 2016, with the following beginning balances: plan assets $200,000; projected benefit obligation $250,000. Other data relating to 3 years' operation of the plan are as follows.

Instructions
(a) Prepare a pension worksheet presenting all 3 years' pension balances and activities.
(b) Prepare the journal entries (from the worksheet) to reflect all pension plan transactions and events at December 31 of each year.
(c) Indicate the pension-related amounts reported in the financial statements for 2018.

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2016 2017 2018 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, 1/1/17) Amortization of prior service Cha S 19,000 10% 22,000 40,000 16,400 160,000 54, 400 $ 26,000 10% 24,000 48,000 21,000 $16,000 10% 18,000 16,000 14,000 cost 41,600 nge in actuarial assumptions establishes a December 31, 2018, projected benefit obligation of 520,000