Abbott and Abbott has a noncontributory, defined benefit pension plan. At December 31,2024 , Abbott and Abbott received the ollowing information: he expected long-term rate of return on plan assets was 8%. There was no prior service cost and a negligible net loss-AOCl on anuary 1,2024. equired: 1. Determine Abbott and Abbott's pension expense for 2024. 2. Prepare the journal entries to record Abbott and Abbott's (a) pension expense, (b) funding, and (c) payment for 2024