C D E F Waldrop Company has a defined defined benefit plan. Pension information concerning calendar years 2017 and 2018 is presented below. Information presented by pension Actuary! a. Projected benefit obligation b. Prior service cost from plan amendment on December 31, 2016 c. Service cost ed. Discount rate used by the actuary Be. Payment to retirees 4 . No changes in actuarial assumptions 5 g. Net gain balance- AOCI 16 h. Average service life of active employees 2017 2018 1,700 ? 400 500 600 10% 10% 500450 300 ? 1010 18 Information Provided by Pension Fund Trustee: 13 a. Plan assets balance at fair value on January 1, 2017 20 b. Contibutions to the plan by the employer 21 c. Expected rate of return on plan assets 22 d. Actual return on plan assets 1.800 ? 600 500 12% 12% 224200 23 24 Required: 25 1. Calculate the pension expense 26 2. Prepare the journal entry to record pension expense 27 3. Prepare the innlent record anains and losses Sheet1 + 2017 2017! 2017 2018 2018 2018