Cullumber Company sponsors a defined benefit pension plan. The following information related to the pension plan is available for 2025 and 2026. 2025 2026 Plan assets (fair value), December 31 $873,750 $1,061,250 Projected benefit obligation, January 1 875,000 1,000,000 Pension asset/liability, January 1 175,000 Cr. ? Prior service cost, January 1 312,500 300,000 Service cost 75,000 112,500 Actual and expected return on plan assets 30,000 37,500 Amortization of prior service cost 12,500 15,000 Contributions (funding) 143,750 150,000 Accumulated benefit obligation, December 31 625,000 687,500 Interest/settlement rate 9% 9% No benefits were paid in 2025 or 2026. (a) Compute pension expense for 2025 and 2026. Pension expense for 2025 $ Pension expense for 2026 $