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Sage Co. has the following defined benefit pension plan balances on January 1, 2020.

Projected benefit obligation		$4,623,000
Fair value of plan assets		4,623,000

The interest (settlement) rate applicable to the plan is 10%. On January 1, 2021, the company amends its pension agreement so that prior service costs of $603,000 are created. Other data related to the pension plan are:

		2020			2021
Service cost		$149,000			$170,000
Prior service cost amortization		0			90,000
Contributions (funding) to the plan		199,000			184,000
Benefits paid		217,000			277,000
Actual return on plan assets		250,000			346,000
Expected rate of return on assets		6	%		8	%

Indicate the pension-related amounts reported in the 2021 financial statements.

Sage Co. Partial Income Statement December 31, 2021For the Year Ended December 31, 2021For the Quarter Ended December 31, 2021
DividendsOperating ExpensesNet Income / (Loss)Retained Earnings, January 1, 2021Retained Earnings, December 31, 2021RevenuesTotal ExpensesTotal RevenuesOther Income / Expenses
Asset Gain (Loss)Comprehensive Income (Loss)Liability Gain (Loss)Pension ExpensePrior Service Cost AmortizationOther Comprehensive Income (Loss)		$
DividendsOperating ExpensesNet Income / (Loss)Retained Earnings, January 1, 2021Retained Earnings, December 31, 2021RevenuesTotal ExpensesTotal RevenuesOther Income / Expenses
Asset Gain (Loss)Comprehensive Income (Loss)Liability Gain (Loss)Pension ExpensePrior Service Cost AmortizationOther Comprehensive Income (Loss)		$

Sage Co. Balance Sheet (Partial) December 31, 2021For the Year Ended December 31, 2021For the Quarter Ended December 31, 2021
Current AssetsIntangible AssetsLiabilitiesLong-term InvestmentsProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Intangible AssetsTotal Long-term InvestmentsTotal Property, Plant and EquipmentTotal Stockholders' Equity
Accounts PayableAccounts ReceivableAccumulated DepreciationAccumulated Other Comprehensive Income (G/L)Accumulated Other Comprehensive Loss (G/L)Accumulated Other Comprehensive Income (PSC)Accumulated Other Comprehensive Loss (PSC)Common StockPension LiabilityRetained Earnings			$
Current AssetsIntangible AssetsLiabilitiesLong-term InvestmentsProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Intangible AssetsTotal Long-term InvestmentsTotal Property, Plant and EquipmentTotal Stockholders' Equity
Accounts PayableAccounts ReceivableAccumulated DepreciationAccumulated Other Comprehensive Income (G/L)Accumulated Other Comprehensive Loss (G/L)Accumulated Other Comprehensive Income (PSC)Accumulated Other Comprehensive Loss (PSC)Common StockPension LiabilityRetained Earnings			$
Accounts PayableAccounts ReceivableAccumulated DepreciationAccumulated Other Comprehensive Income (G/L)Accumulated Other Comprehensive Loss (G/L)Accumulated Other Comprehensive Income (PSC)Accumulated Other Comprehensive Loss (PSC)Common StockPension LiabilityRetained Earnings

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