Question: Please help me answer this! Give correct answer kudos! -/2 E Question 4 of 7 View Policies Current Attempt in Progress The following defined pension



-/2 E Question 4 of 7 View Policies Current Attempt in Progress The following defined pension data of Sandhill Corp. apply to the year 2020. $575,000 562.100 12.900 121,000 Projected benefit obligation, 1/1/20 (before amendment) Plan assets, 1/1/20 Pension liability On January 1, 2020, Sandhill Corp, through plan amendment, grants prior service benefits having a present value of Settlement rate Service cost Contributions (funding) Actual (expected) return on plan assets Benefits paid to retirees Prior service cost amortization for 2020 8 % 57,800 60,200 48,100 40,000 16,300 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.) Annual Pension Expense Items Cash $ $ $ $ Balance, Jan 1, 2020 > Interest cost > Actual return Contributions Journal entry for 2020 Service Cost OCI-Prior $ Obligation Projected Benefit A $ Uongation > > > >
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