Using the information in E20-13B about Shiloh Acres' defined-benefit pension plan, prepare a 2014 pension worksheet with supplementary schedules of computations.

In E20-13B, Shiloh Acres sponsors a defined-benefit pension plan. The corporation's actuary provides the following information about the plan.

The average remaining service life per employee is 10 years.
Prepare the journal entries at December 31, 2014, to record pension expense and related pension transactions. Also, indicate the pension amounts reported in the balance sheet.

January 1 December 31 2014 2014 $500 650 860 600 $610 795 996 740 10% Vested benefit obligation Accumulated benefit obligation Projected benefit obligation Plan assets (fair value) Settlement rate and expected rate of return Pension asset/liability Accumulated OCI (PSC) Service cost for the year 2014 Contributions (funding in 2014) Benefits paid in 2014 260 210 100 80 50