Refer to the information in E19€“21 about Berstler Limited€™s defined benefit pension plan.
In E Berstler Limited sponsors a defined benefit pension plan, which it accounts for using the deferral and amortization approach under PE GAAP. The corporation€™s actuary provides the following information about the plan:

Instructions
(a) Prepare a 2011 pension work sheet with supplementary schedules of calculations.
(b) Prepare the journal entries at December 31, 2011, to record pension expense and the funding contributions.
(c) Prepare a schedule reconciling the plan€™s funded status with the pension amounts reported on the balance sheet.

Jan. 1, 201 Dec. 31, 2011 $1,200 1,520 2,240 1,360 10% $1,520 2,184 2,916 2,096 10% Vested benefit obligation Accumulated and accrued benefit obligation, funding basis Accrued benefit obligation, accounting basis Plan assets (fair value) Discount rate and expected rate of return Accrued pension assetliability Unrecognized past service cost Service cost for the year 2011 Contributions (funding in 2011) Benefits paid in 2011 880 320 640 160