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Kingbird Company provides the following information about its defined benefit pension plan for the year 2017.

Service cost $90,600
Contribution to the plan 103,900
Prior service cost amortization 10,100
Actual and expected return on plan assets 63,100
Benefits paid 39,600
Plan assets at January 1, 2017 644,100
Projected benefit obligation at January 1, 2017 710,600
Accumulated OCI (PSC) at January 1, 2017 149,400
Interest/discount (settlement) rate 9 %

Prepare a pension worksheet inserting January 1, 2017, balances, showing December 31, 2017. (Enter all amounts as positive.) KINGBIRD COMPANY Pension Worksheet-2017 Annual Pension Expense OCI Prior Service Cost Pension Asset/ Liability Projected Benefit Obligation Plan Assets Items Cash Balance, January 1, 2017 Service cost Interest cost Actual return Amortization of PSC Contributions Benefits Journal entry for 2017 Accumulated OCI, Dec. 31, 2016 Balance, Dec. 31, 2017 90600 Dr. 63954 Dr. 63100|Cr ▼ 10100 Dr. 101554| Dr. ▼

Prepare the journal entry recordinฉ person expense. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work

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