CALCULATOR FULL SCREEN PRINT Problem 20-1 On January 1, 2017, Crane Company has the following defined benefit pension plan balances. Projected benefit obligation $4,463,000 Fair value of plan assets 4,190,000 The Interest (settlement) rate applicable to the plan is 10%. On January 1, 2018, the company amends its pension agreement so that prior service costs of $505,000 are created. Other pension plan are as follows. 2018 2017 $140,000 Service cost Prior service cost amortization Contributions (Funding) to the plan Benefits paid Actual return on plan assets Expected rate of return on assets 241,000 200,000 251,400 6 $177,000 90,000 287,000 285,000 255,000 % Prepare a pension worksheet for the pension plan for 2017 and 2018. (Enter all amounts as positive) ATGE FULL SCREEN INTERVEN C E CRANE COMPANY Pension Worksheet-2017 and 2018 General Journal Frities OCI Prior OCH-Gain/ Person Pension A Projected Benefit Obligation Balance 1, 2017 Service cont Actual Contributions Journal entry for 2017 Accumulated Oct, Dec. 11, 2016 Balance, Doc. 11. 2017 1/1/2018 Home Head, Stoly Practice Assignment Gradebook ORION Downloadable eTextbook Assament > Open Assignment Service cost Artual return Unexpected loss henetits mary for 2015 Accumdated oci, Dec 31, 2017 walance, Dec. 2018 LETO TEXT LINK TO TEXT LINE TO TEXT LINK TO TEXT For 2018, prepare the journal entry to record pension-related amounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If select "No Entry for the account titles and enter for the amounts.) Click if you would be to Show Work for this question e Show