The answer must contain the following: Service cost Interest Cost ROPA: Amortization for Prior Service Cost:

I need the attached answered as well as the steps listed used to reach the answer. The answer must contain the following:Service costInterest CostROPA:Amortization for Prior Service Cost:Amortization for G/LPension Liabilityand finally all the corresponding J/EGlynis Beach Co. has a defined benefit pension plan for its employees. At January 1, 2010 the ABO is $560,000 and the PBO is $600,000. Service costfor 2010 is estimated to be $480,000 and the expected return on plan assets and the settlement rate are 9% and 10% respectively.Glynis Beach Co uses the years-of-service method of amortization for PSC, which is $280,000 at January 1, 2010. The total number of service years is 1,000 andthe service years attributable to 2010 is 200 (average service life of 5 years).At January 1, 2010, the fair market value of the plan assets is 568,000 with an accumulated OCI (loss) of $180,000 at the same date. Any amortization of the unrecognized loss is recognized straight-line over the average remaining service life of employees. Glynis Beach Co. plans to contribute $462,000 to the pan fund in 2010