The following is an incomplete pension spreadsheet for the current year for Desperado Corporation. 
Required:
1) Complete the pension spreadsheet.
2) Prepare the journal entry to record pension expense for the year.
Definitions:
Flawed Theory
A concept or idea that contains mistakes or inaccuracies, making it unreliable or incorrect in its application or conclusion.
Desired Outcome
The specific result or goal that an individual or organization aims to achieve through actions or interventions.
High Unemployment
A situation in an economy where the unemployment rate is significantly higher than the historical average.
High Inflation
High inflation is a condition where the general price level of goods and services in an economy rises rapidly over a period, eroding purchasing power.
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