Buffalo Company provides the following selected information related to its defined benefit person plan for 2020. Pension asset/lability Manuary 1) $25.500 Accumulated benefit obligation (December 31) 403.100 Actual and expected return on planassets 9.000 Contributions (funding in 2020 148.600 Fair value of plan assets (December 31) 795800 Settlement rate 10 % Projected benefit obligation January 1) 702,800 Service cost 79.580 Compute pension ogense Pension expense for 2020 Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2020. Preparation of a pension worksheet is not required. Benefits paid in 2020 were $39.100. (Credit account titles are automatically indented when amount is entered De not indent manually. If ne entry is ruired select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Pension Expense Debit Credit Pension Assets Cash eTextbook and Media List of Accounts Indicate the pension related amounts that would be reported in the company's income statement and balance sheet for 2020, Buffalo Company Income Statement (Partial) For the Year Ended December 31.2000 V Buffalo Company Balance Sheet (Partial) December 31, 2020 Pension