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Pharoah Company adopts acceptable accounting for its defined benefit pension plan on January 1, 2019, with the following beginning balances: plan assets $197,700; projected benefit obligation $254,000. Other data relating to 3 years operation of the plan are as follows. 2019 2020 2021 Annual service cost $15,800 $18,800 $25,900 Settlement rate and expected rate of return 10 % 10 % 10 % Actual return on plan assets 18,300 21,810 24,500 Annual funding (contributions) 15,800 40,800 48,900 Benefits paid 13,700 16,700 20,600 Prior service cost (plan amended, 1/1/20) 157,900 Amortization of prior service cost 54,900 42,400 Change in actuarial assumptions establishes a December 31, 2021, projected benefit obligation of: 529,000

Pharoah Company Comprehensive Income Statement $XXXX $ $ $XXXX Pharoah Company Partial Balance Sheet \ $ $