A company has a noncontributory, defined benefit pension plan. At December 31 of the current year, the company received the following information: The expected long-term rate of return on plan assets was 8%. There was no prior service cost and a negligible net loss-AOCl on January 1 of the current year. Required: 1. Determine the company's pension expense for the current year. 2. Prepare the journal entries to record the company's (a) pension expense, (b) funding, and (c) payment for the current year. Complete this question by entering your answers in the tabs below. Determine the company's pension expense for the current year. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10)