Unit 4 Lab Assignment 302 Question 5 of 7 < > View Policies Current Attempt in Progress The following defined pension data of Bramble Corp. apply to the year 2020. Projected benefit obligation, 1/1/20 (before amendment) $574,000 Plan assets, 1/1/20 561,200 Pension liability 12,800 On January 1, 2020, Bramble Corp, through plan amendment, grants prior service benefits having a present value of 111,000 Settlement rate 9 % Service cost 57,200 Contributions (funding) 65,100 Actual (expected) return on plan assets 52,900 Benefits paid to retirees 39,200 Prior service cost amortization for 2020 18,300 -/10 For 2020, prepare a pension worksheet for Bramble Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts. (Enter all amounts as positive.) Items Balance, Dec. 31, 2019 $ Prior service cost Balance, Jan. 1, 2020 Service cost Interest cost Actual return Amortization of PSC Contributions Benefits Journal entry for 2020 Accumulated OCI, Dec. 31, 2019 Balance, Dec. 31, 2020 eTextbook and Media Save for Later Annual Pension Expense Cash $ $ Attempts: 0 of 3 used Submit Answer $