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Superior, Inc. sponsors a Defined Benefit Plan for its employees. On January 1, 2020, the balances related to the plan are as follows:

PBO = 340; Plan Assets = 180; OCI - Prior Service Cost = 100; OCI - Loss = 39;

As a result of the operation of the plan during 2020, the actuary provided the following additional data at December 31, 2020:

Service Cost	45	Benefits paid to retirees	51
Actual return on Plan Assets	27	Settlement rate	5%
Amortization of PSC	20	Expected rate of return	10%
Contribution in 2020	85	Average service years remaining for active employees	5 years

REQUIRED: Fill in the blanks below. You may find it easier to answer the following questions by first completing a pension worksheet on your scratch paper.

For the year 2020: Pension Expense is $______ ; PBO increases by $________ , and Plan Assets increase by $ _______ .

The 2020 ending balance of OCI PSC is $ _______ , and the ending balance of OCI Unrecognized Gain or Loss is a Debit or Credit? balance of $_________ .

Assume that cash contribution to the pension plan is tax deductible and no assets or liabilities are ever recorded on the tax return. Assume a 20% tax rate. The 2020 journal entry to record the tax effect would include the following:

Debit DTA by $________ , Credit DTL by $__________ , and Debit or Credit? Income Tax Expense by $_________ .

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