QueSLIUN 2 View Policies Current Attempt in Progress Coronado Toothpaste Company initiates a defined benefit pension plan for its 50 employees on January 1, 2017. The insurance company which administers the pension plan provided the following selected information for the years 2020, 2021, and 2022 Plan assets (fair value) Accumulated benefit obligation Projected benefit obligation Net (gain) loss (for purposes of corridor calculation) Employer's funding contribution (made at end of year) For Year Ended December 31, 2020 2021 2022 $50,000 $85,100 $180,310 45,200 166,100 290,300 60,000 200,700 322,100 0 78,900 87.441 50.000 60.000 105,100 There were no balances as of January 1, 2020, when the plan was initiated. The actual and expected return on plan assets was 10% over the 3-year pel but the settlement rate used to discount the company's pension obligation was 13% in 2020, 11% in 2021, and 8% in 2022. The service cost component of net periodic pension expense amounted to the following: 2020, $60,000; 2021. $85,100; and 2022. $110,300. The average remaining service life per employee is 12 years. No benefits were paid in 2020, $29,900 of benefits were paid in 2021, and $18.400 of benefits were paid in 2022 (all benefits paid at end of year). Calculate the amount of net periodic pension expense that the company would recognize in 2020, 2021, and 2022. (Round answers to decimal places, eg. 2,525) Pension expense for 2020 $ Pension expense for 2021 $ Pension expense for 2022 $ e Textbook and Media Intermediate Accou. Gleim LED Home Goating M M A C 2012022. Round 22 Account Titles and Explanation Date Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 e Textbook and Media List of Accounts Attempts of used to