Current Attempt in Progress

Oriole Corp. sponsors a defined benefit pension plan for its employees. On January $1,2025,$ the following balances relate to this plan.

As a result of the operation of the plan during $2025,$ the following additional data are provided by the actuary.

Service cost

Settlement rate, $8\backslash \%$

Actual return on plan assets

Amortization of prior service cost

Expected return on plan assets

Unexpected loss from change in projected benefit obligation, due to change in actuarial predictions

Contributions

Benefits paid retirees

$\backslash$$$90,100$

$54,200$

$18,100$

$51,100$

$77,500$

$94,900$

$88,900($a$)$

Using the data above, compute pension expense for Oriole. for the year $2025$ by preparing a pension worksheet. $($Enter all amounts as positive.$)$

Annual Pension

Expense

Cash

Items

Balance, Jan. $1,2025$

$\backslash$$ $\backslash$$

Service cost

Interest cost

Actual return

Unexpected gain

Amortization of PSC

Liability increase

Contributions

Benefits

Journal entry for $2025$

Accumulated OCI, Dec. $31,2024$

Balance, December $31,2025($a$)$

Using the data above, compute pension expense for Oriole. for the year $2025$ by preparing a pension worksheet. $($Enter all amounts as positive.$)$

Attempts: $0$ of $1$ used pute pension expense for Oriole. for the year $2025$ by preparing a pension worksheet. $($Enter all amounts

Attempts: $0$ of $1$ used On December $21,2025,$ Oriole Company provided you with the following information regarding its equity investments.

During $2026,$ Colorado Co$.$ stock was sold for $\backslash$$$9,650.$ The fair value of the stock on December $31,2026,$ was Clemson Corp. stock$\backslash$$$21,010$; Buffaloes Co$.$ stock$-\backslash$$$22,380.$ None of the equity investments result in significant influence.

$($a$)$ Prepare the adjusting journal entry needed on December $31,2025.$

$($b$)$ Prepare the journal entry to record the sale of the Colorado Co$.$ stock during $2026.$

$($c$)$ Prepare the adjusting journal entry needed on December $31,2026.$

$($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$