questionUsing the preceding data, compute pension expense for Splish Corp. for the year 2020 by preparing a pension worksheet that shows the journal entry for pension expense. (Enter all amounts as positive.)

questionUse the market-related asset value to compute the expected return and for corridor amortization.

Expected return		$
Corridor amortization		$

Current Attempt in Progress Splish Corp. sponsors a defined benefit pension plan for its employees. On January 1, 2020, the following balances related to this plan. Plan assets (market-related value) $506,000 Projected benefit obligation 765,000 Pension asset/liability 259,000 Cr. Prior service cost 78,000 Net gain or loss (debit) 94,000 As a result of the operation of the plan during 2020, the actuary provided the following additional data for 2020. As a result of the operation or the pran during zozu, une actuary provided the following additional data for ZoZO. $100,000 Service cost Settlement rate, 9%; expected return rate, 10% Actual return on plan assets Amortization of prior service cost Contributions Benefits paid retirees Average remaining service life of active employees 45,000 26,000 136,000 94,000 10 years Using the preceding data, compute pension expense for Splish Corp. for the year 2020 by preparing a pension worksheet that shows the journal entry for pension expense. (Enter all amounts as positive.)