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Problem 1 Attached is an incomplete pension worksheet for the current year for Sparky Corporation. Required: 1. Complete the pension spreadsheet 2. Prepare all required journal entries related to pension activity for the year. Amortization of Prior Service Cost Net (Gain)/Loss Loss on PBO (32) (1) Service Cost Interest Cost Expected Return on Assets (Gain)/Loss on Assets Assets Assets Prior Service Cost Net (Gain) Loss Pension Expense dif Net Pension Asset/ (Liability) Beginning Balance (85) 55 (10) Cash 60 450 450 (45) 3 (6) 6 Problem 1 Attached is an incomplete pension worksheet for the current year for Sparky Corporation. Required: 1. Complete the pension spreadsheet 2. Prepare all required journal entries related to pension activity for the year. Amortization of Prior Service Cost Net (Gain)/Loss Loss on PBO (32) (1) Service Cost Interest Cost Expected Return on Assets (Gain)/Loss on Assets Assets Assets Prior Service Cost Net (Gain) Loss Pension Expense dif Net Pension Asset/ (Liability) Beginning Balance (85) 55 (10) Cash 60 450 450 (45) 3 (6) 6