h. 20 In-Class Practice Problem Practice Problem 1: Preparation of Pension Worksheet Service Costs, Interest Costs, Actual-Expected Returns, and Contributions) Jackson Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2016 balances: plan assets S0; projected benefit obligation S0. Other data are as follows. , with the following beginning 2016 2017 2018 $22,000 $23,319 20,000 10% Service costs s 20,755 Settlement rate 6% Contributions (funding) to the plan 20,000 10% 10% Actual (-expected) return on plan assets equired: Prepare a pension worksheet that shows the journal entry for pension expense for 2016, 2017, and 2018 and the year-end balances in the related ension accounts. In addition, prepare the journal entry to record pension expense for 2016, 2017, and 2018 and the employer's contribution to the ension plan (if any). Jackson Company Pension Worksheet For the Year Ended December 31, 2016