Question 2 (3 points25 minutes)The following information pertains to A&E Co.s de

Question 2 (3 points25 minutes)The following information pertains to A&E Co.s defined benefit pension plan for the year 2013.Projected benefit obligation at 1/1/2013$600000Fair value of pension plan assets 1/1/2013 420000Unrecognized prior service costs at 1/1/2013 240000Service cost 80000Amortization of prior service costs 20000Contributions to the plan 40000Benefits paid 15000Actual and expected return on plan assets 6%Interest/discount rate used 6 %a. Show calculations to compute the pension expense for 2013.b. Show calculations to compute the ending balance of the projected benefit obligation at 12/31/2013.c. Show calculations to compute the ending balance of the plan assets at 12/31/2013.