Question: please answer in this format for all these The following defined pension data of Sandhill Corp. apply to the year 2020. Projected benefit obligation, 1/1/20





The following defined pension data of Sandhill Corp. apply to the year 2020. Projected benefit obligation, 1/1/20 (before amendment) $525,000 Plan assets, 1/1/20 512,200 Pension liability 12,800 On January 1, 2020, Sandhill Corp., through plan amendment, grants prior service benefits having a present value of 129,000 Settlement rate 9% Service cost 56,700 Contributions (funding) 69,200 Actual (expected) return on plan assets 49,800 Benefits paid to retirees 40,300 Prior service cost amortization for 2020 15,900 For 2020, prepare a pension worksheet for Sandhill Corp, that shows the journal entry for pension expense and the year-end balances in the related pension accounts. (Enter all amounts as positive) heral Journal Entries Pension OCl-Prior Asset/ Projected Benefit Service Cost Liability Obligation Question 7 of 7 Balance, Dec, 31, 2019 Prior service cost Balance, Jan 1,2020 Service cost Interest cost Actual return Amortization of PSC Contributions Benefits Lournalentry for 2020
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