Bookmarks Develop Window Help R outlook.office.com The information below applies to the following three questions. Bramble Company sponsors a defined benefit plan for its 100 employees. On January 1, 2017, the company's actuary provided the following information. Accumulated other comprehensive loss (PSC) Pension plan assets (fair value and market-related asset value) Accumulated benefit obligation Projected benefit obligation $147,800 200,300 255,000 378.600 The average remaining service period for the participating employees is 10 years. All employees are expected to receive benefits under the plan. On December 31, 2017, the actuary calculated that the present value of future benefits earned for employee services rendered in the current year amounted to $48,200; the projected benefit obligation was $485,500; fair value of pension assets was $280,300; the accumulated benefit obligation amounted to $364,100. The expected return on plan assets and the discount rate on the projected benefit obligation were both 10%. The actual return on plan assets is $11,000. The company's current year's contribution to the pension plan amounted to $69,000. No benefits were paid during the year. What is pension expense for 2017? (Hint: In this particular problem, there are five components) 2017 Pension expense: $ 80,810 Question 4 4 pts Prepare the journal entry to record the pension expense and the company's funding of the pension plan in 2017. 8