Sandhill Company received the following selected information from its pension plan trustee concerning...

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Accounting

Sandhill Company received the following selected information from its pension plan trustee concerning the operation of the
company's defined benefit pension plan for the year ended December 31,2025.
The service cost component of pension expense for employee services rendered in the current year amounted to $78,000 and the
amortization of prior service cost was $120,000. The company's actual funding (contributions) of the plan in 2025 amounted to
$253,000. The expected return on plan assets and the actual rate were both 10%; the interest/discount (settlement) rate was 10%.
Accumulated other comprehensive income (PSC) had a balance of $1,200,000 on January 1,2025. Assume no benefits paid in 2025.
Determine the amounts of the components of pension expense that should be recognized by the company in 2025.(Enter amounts
that reduce pension expense with either a negative sign preceding the number e.g.-45 or parenthesis eg.(45).)
eTextbook and Media
List of Accounts
Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2025.(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. List all debit entries before credit entries.)
Indicate the pension-related amounts that would be reported on the income statement for Sandhill Company for the year 2025.
Indicate the pension-related amounts that would be reported on the comprehensive income statement for Sandhill Company for
the year 2025.
eTextbook and Media
List of Accounts
Indicate the pension-related amounts that would be reported on the balance sheet for Sandhill Company for the year 2025. PLEASE ANSWER WILL UPVOTE
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