ABC Co. has a defined benefit pension plan and the following info is for the 2018 and 2019 fiscal years:

• Current service cost in 2017 is $430,000 and in 2018 is $488,000
• New past service cost in 2018 is $45,000, which is a reduction in benefits
• Defined benefit obligation is $4,975,000 at the beginning of 2017
• Accumulated OCI amounts, which are losses at the beginning of 2017, are $787,000
• Benefits paid out to retirees at the end of 2017 is $235,000, and at the end of 2018 is $295,000
• Actuarial revaluation in 2017 showed a $406,000 increase in the obligation
• Plan assets at market value at the beginning of 2017 were $3,705,000
• Contributions to the plan, made at year end, were $510,000 in 2017 and $525,000 in 2018
• Actual earnings for 2017 were $276,000 and $80,000 in 2018
• Yield on long-term debt in 2017 and 2018 is 6%
• Opening net defined benefit liability on the SFP is the opening net amount of the defined benefit obligation and opening fund assets

Using the above info, determine the amounts for pension expense, the closing net defined benefit asset (liability) account, and accumulated OCI. Also, determine the journal entries.