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The following defined pension data of Carla Corp, apply to the year 2017 For 2017,...

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The following defined pension data of Carla Corp, apply to the year 2017 For 2017, prepare a pension worksheet for Carla Corp. that shows the journal entry for pension expense and the year-end balances in the related pension accounts. Projected benefit obligation 1/1/17 (before) $548,000 Plan assets, 1/1/17 534,200 Pension liability 13,800 On January 1, 2017. Carla Corp. through plan grants prior service benefits having a present value of 93,000 Settlement rate 996 Service cost 63.000 Contributions (funding) 64,000 Actual (expected) return on plan assets 54.000 Benefits paid to retirees 43,000 Prior service cost amortization for 2017 18,300 General Journa Items Annual Pension Expense Cash Balance, Dec 31, 2016 $

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