The following facts apply to the pension plan of Sheridan Inc. for the year 2025. Plan assets, January 1, 2025 $462,400 Projected benefit obligation, January 1, 2025 462,400 Settlement rate 8% Service cost 43,800 Contributions (funding) 26,300 Actual and expected return on plan assets 49,200 Benefits paid to retirees 30,700 Using this data, compute pension expense for the year 2025. As part of your solution, prepare a pension worksheet that shows the journal entry for pension expense for 2025 and the year-end balances in the related pension accounts. (Enter all amounts as positive.