Wildhorse Company provides the following information about its defined benefit pension plan for the year 2017.

Service cost $91,100
Contribution to the plan 103,300
Prior service cost amortization 9,400
Actual and expected return on plan assets 65,100
Benefits paid 40,500
Plan assets at January 1, 2017 650,700
Projected benefit obligation at January 1, 2017 694,300
Accumulated OCI (PSC) at January 1, 2017 151,900
Interest/discount (settlement) rate 10 %

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(a)

Prepare a pension worksheet inserting January 1, 2017, balances, showing December 31, 2017. (Enter all amounts as positive.)

WILDHORSE COMPANY
Pension Worksheet—2017
General Journal Entries

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?