A compary has a noncontrbutory, dofined benefit pensian plan. A December 31 of the current year, the company recelved the following informbtion? The expected long term rate of retuen on ploa ussets was 10\%. There was no pelor service cost and a negligble net loss-MOci on Jhnuaty 1 of the cuitrent yeac Aeguired: 1. Dedermine the company's necion expense tor the current year. 2. Pregare the journal entrits to recond the company's (a) penslon expense. (b) funding, and (c) paymect for the curtent year Complete this question by entering your answers in the tabs below. Oetemine the conteanrs pedwon eapence for the curtent year be eraned bi 16 . Complete this question by entering your answers in the tabs below. Prepare the joumal entries to record the compaey's (a) pension expense, (b) funding, and (c) payment for the current year. milians (lie, 10,000,000 shocla be entered as 10). Journal entry worksheet 3 Record the pension expense. Mocet Eeier deisan tufore oredts