This problem covers two years' activity in a company's pension plan for a defined benefit plan			Use this column to record the critical variable in question. It might be a Percentage or it might be a dollar amount. Link these items into the worksheet columns as you feel apppriate	The Employer's Financial Statements						Off Balance Sheet [Will be in Note Disclosures]
										The Pension Plan managed under a Pension Trustee
				Statement of Comprehensive Income		BALANCE SHEET				Plan Fund Liabilities	Plan Assets
				{Earnings] Annual Pension Expense	Other Comprehensive Income	Cash	Pension Asset	Pension Liablity
DATE	As of January 1, 2001
01/01/20	The Actuary reports a closing Pension Obligation of 200,000. The Plan Trustee reports 230,000 of plan assets on hand, measured at their Fair Value. Enter the Opening Balances HINT: The plan is OVERFUNDED	1
1-Jan-20	Senior Management renegotiates the Pension Plans. The Pension Benefits are Increased. The company must record a Prior Service Cost in the amount of 50,000	2