Carolina Consulting Company has a defined benefit pension plan. The following pension-related data were available for the current calendar year: PBO: Balance, January 1 Service cost Interest cost (5% discount rate). Gain from changes in actuarial assumptions in 2024 Benefits paid to retirees Balance, December 31 PLAN ASSETS: Balance, January 1 Actual return (expected return was $23,300) Contributions Benefits paid Balance, December 31 ABO, December 31 January 1, 2024, balances: Prior service cost-AOCI (amortization $4,680/year) Net gain-AOCI (amortization, if any, over 15 years) There were no other relevant data. Required: 1. Calculate the 2024 pension expense. 2. Prepare the 2024 journal entries to record pension expense and funding. 3. Prepare any journal entries to record any 2024 gains or losses. $248,000 49,000 12,400 (5,800) (28,000) $ 275,600 $ 258,000 20,000 43,000 (28,000) $ 293,000 $ 253,800 4,680 46,800