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On January 1, 2017, Bramble Company has the following defined benefit pension plan balances.

Projected benefit obligation		$4,420,000
Fair value of plan assets		4,210,000

The interest (settlement) rate applicable to the plan is 10%. On January 1, 2018, the company amends its pension agreement so that prior service costs of $506,000 are created. Other data related to the pension plan are as follows.

		2017			2018
Service cost		$151,000			$176,000
Prior service cost amortization		0			92,000
Contributions (funding) to the plan		239,000			289,000
Benefits paid		198,000			275,000
Actual return on plan assets		252,600			257,000
Expected rate of return on assets		6	%		8	%

A) Prepare a pension worksheet for the pension plan for 2017 and 2018.

Bramble Company Pension Worksheet2017 and 2018
General Journal Entries						Memo Record
Items	Annual Pension Expense	Cash	OCI-Prior Service Cost	OCI-Gain/Loss	Pension Asset/Liability	Projected Benefit Obligation	Plan Assets
Balance, Jan. 1, 2017
Service Cost
Interest Cost
Actual Return
Contributions
Benefits
Journal Entry for 2017	$	$	$	$
Accumulated OCI, Dec. 31, 2016
Balance, Dec. 31, 2017
Additional PSC, 1/1/2018
Balance, Jan. 1, 2018
Service Cost
Interest Cost
Actual Return
Unexpected Loss
Amortization of PSC
Contributions
Benefits
Journal Entry for 2018	$	$
Accumulated OCI, Dec. 31, 2017
Balance, Dec. 31, 2018			$	$	$	$	$

B) Journal entry to record pension-related amounts in 2018.

Account	Debit	Credit

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