ABC has the following information related to its defined benefit pension plan: Projected benefit obligation at 12/31/x1 170,000 Settlement rate 9% Projected benefit obligation at 12/31/x2 195,000 Unamortized prior service cost at 12/31/x1 32,000 Unamortized actuarial gains/losses at 12/31/x1 9,000 net gains Unamortized experience gains/losses at 12/31/x1 12,000 net gains Fair value of plan assets at 12/31/x1 187,000 Actual return on plan assets during year x2 15,000 Expected rate of return on plan assets 8% Prior service cost is being amortized over a remaining service life of 8 years. The average service lives for current employees is 10 years. The minimum amount of gain/loss required under current GAAP is amortized each year. Assume the company funds 90% of pension expense. Make the journal entry to record pension expense for the year.