2.(20 marks) The following information relates to the defined benefit pension plan for Huckleberry Ltd. for 2020. The corporation uses IFRS. Current service cost $ 260,000 Contributions 250,000 Interest rate for obligation 10% Expected & actual return on plan assets 9% Defined benefit obligation, Jan 1 240,000 Fair value of plan assets, Jan 1 180,000 Actuarial gain ..... 24,000 Instructions a) b) Calculate the pension expense to be reported for 2020. Prepare the journal entries to record pension expense and the employer's contributions for 2020