Abbott and Abbott has a noncontributory, defined benefit pension plan. At December 31, 2021, Abbott and Abbott received the following information:

Abbott and Abbott has a noncontributory, defined benefit pension plan. At December 31,2021 , Abbott and Abbott received the following information: The expected long-term rate of return on plan assets was 12%. There was no prior service cost and a negligible net loss-AOCl 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 expense, (b) funding, and (c) payment for 2021. Complete this question by entering your answers in the tabs below. Determine Abbott and Abbott's pension expense for 2021. Prepare the journal entries to record Abbott and Abbott's (a) pension expense, (b) funding, and (c) payment for 2021 . (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). )