Abbott and Abbott has a noncontributory, defined benefit pension plan. At December 31, 2021. Abbott and Abbott received the following information Projected Benefit 06.gation Balance, January 1 Service cost Interest cost Benefits paid Balance, December 31 is in millions) $125 39 10 5166 $75 Plan Assets Balance, January 1 Actual return on plan assets Contributions 2021 Benefits paid Balance, December 39 (0) 5114 The expected long term rate of return on plon assets wns 8%. There was no prier service cost and a negliejible net loss-AOCI ON January 1, 2021 Required: 1. Determine Abbott and Abbott's pension expense for 2021 2. Prepare the journal entries to record Abbott and Abbott's (a) pension experise, (b) funding, and payment for 2021 Required: 1. Determine Abbott and Abbott's pension expense for 2021. 2. Prepare the journal entries to record Abbott and Abbott's (a) pension expense, (b) funding, and (c) payment for 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Abbott and Abbott's pension expense for 2021, Pension expono million Required 2 > A B Record the pension expense. Note: Enter debits before credits. General Journal Debit Credit Transaction A Record entry Clear entry View general journal