Abbott and Abbott has a noncontributory, defined benefit pension plan. At December $31,2024,$ Abbott and Abbott received the

following information:

The expected long$-$term rate of return on plan assets was $10\%.$ There was no prior service cost and a negligible net loss$-$AOCl on

January $1,2024.$

Required:

Determine Abbott and Abbott's pension expense for $2024.$

Prepare the journal entries to record Abbott and Abbott's $($a$)$ pension expense, $($b$)$ funding, and $($c$)$ payment for $2024.$