6 The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2024: Projected benefit obligation 1.5 points Accumulated benefit obligation Plan assets (fair value)] ($ in thousands) January 1 $ 5,300 3,775 6,330 December 31 $ 5,580 4,070 6,775 Interest (discount) rate, 6% Expected return on plan assets, 10% Prior service cost-AOCI (from December 31, 2023, amendment) Net loss-AOCI Average remaining service life: 10 years eBook Gain due to changes in actuarial assumptions Contributions to pension fund (end of year) Pension benefits paid (end of year) 960 653 62 460 415 Print References Required: Prepare a pension spreadsheet that shows the relationships among the various pension balances, shows the changes in those balances, and computes pension expense for 2024. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in thousands (i.e. 200,000 should be entered as 200). ($ in thousands) PBO Plan Assets Prior Service Net Loss- Pension Cost-AOCI AOCI Expense Cash Net Pension (Liability) or Asset Balance, January 1, 2024 Service cost Interest cost Expected return on assets Adjust for: Loss on assets Amortization of: Prior service cost Net loss Gain on PBO Cash funding Retiree benefits Balance, December 31, 2024