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Exercise 20-03 (Part Level Submission) Splish Company provides the following information about its defined benefit pension...

Exercise 20-03 (Part Level Submission)

Splish Company provides the following information about its defined benefit pension plan for the year 2020.
Service cost $90,500
Contribution to the plan 103,300
Prior service cost amortization 10,300
Actual and expected return on plan assets 62,800
Benefits paid 39,700
Plan assets at January 1, 2020 642,100
Projected benefit obligation at January 1, 2020 712,900
Accumulated OCI (PSC) at January 1, 2020 148,800
Interest/discount (settlement) rate 9 %

(a)

Prepare a pension worksheet inserting January 1, 2020, balances, showing December 31, 2020. Thank you
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