Carolina Consulting Company has a defined benefit pension plan. The following pension-related data were available for the current calendar year: $241,000 42,000 12,050 (5,100) (21,000) $268,950 PBO: Balance, Jan. 1 Service cost Interest cost (5% discount rate) Gain from changes in actuarial assumptions in 2021 Benefits paid to retirees Balance, Dec. 31 Plan assets: Balance, Jan. 1 Actual return (expected return was $22,600) Contributions Benefits paid Balance, Dec. 31 ABO, Dec. 31 January 1, 2021, balances: Prior service cost-AOCI (amortization $4,085/yr.) Net gain-AOCI (amortization, if any, over 15 years) $251,000 20,000 36,000 (21,000) $286,000 $246,100 4,085 40,850 There were no other relevant data. Required: 1. Calculate the 2021 pension expense. 2. Prepare the 2021 journal entries to record pension expense and funding. 3. Prepare any journal entries to record any 2021 gains or losses