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fill in the blanks please Sheridan Company sponsors a...

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Accounting

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Sheridan Company sponsors a defined benefit plan for its 100 employees: On January 1,2025, the company's actuary provided the following information The average remaining service period for the participating employees is 10 years. All employees are expected to recelive benefits: under the plan, On December 31,2025. the actuary calculated that the present value of future benefits earned for employee services $270,800; the accumulated beneft obligation amounted to $366,900. The expected return on plan assets and the discount rate on the projected benefit obligation were both 10%. The actual return on plan assets is $11,500. The company's current year'scontribution to the pension plan amounted to $62,400. No benefits were paid during the year. Determine the components of pension expense that the company would recognize in 2025. With only one year involved, you heed not preparea worksheet)

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