Question: TIMED ASSIGNMENT NEED ASAP PLEASE AND THANK U Carla Vista, Inc. received the following information from its pension plan trustee concerning the operation of the

Carla Vista, Inc. received the following information from its pension plan trustee concerning the operation of the company's definedbenefit pension plan for the year ended December 31. 2021: The service cost component for 2021 is $144.500 and the amortization of prior service cost is $244.500. The company's actual funding of the plan in 2021 amounted to $509,000. The expected return on plan assets and the settlement rate were both 8%. Determine the pension experse to be reported in 2021 . Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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