Burrito Corporation has a defined benefit pension plan. Burrito received the following information for the current calendar year:

Projected benefit obligation
Balance, January 1	$	155,000,000
Service cost		27,500,000
Interest cost		15,500,000
Benefits paid		(14,500,000	)
Balance, December 31	$	183,500,000
Plan assets
Balance, January 1	$	92,500,000
Actual return on plan assets		11,250,000
Contribution		25,500,000
Benefits paid		(14,500,000	)
Balance, December 31	$	114,750,000

The expected long-term return on plan assets is 10%. There were no other relevant data for the year. Required: 1. Determine Burrito's pension expense for the year. 2. Prepare the journal entries to record the pension expense and funding for the year.