E 17-10 Determine pension expense Abbott and Abbott has a noncontributory, defined benefit pension plan. At December 31, Abbott and Abbott received the following information: Projected Benefit Obligation Balance, January 1 ($ in millions) $120 30 Service cost Interest cost Benefits paid Balance, December 31 Plan Assets Balance, January 1 Actual return on plan assets Contributions 2021 Benefits paid Balance, December 31 13 (9) $143 $ 70 9 20 (9) $100 der The expected long-term rate of return on plan assets was 10%. There was no prior servic a negligible net loss-AOCI on January 1, 2021. Required: 63240 7. Determine Abbott and Abbott's pension expense for 2021. A) $240 B) $26 C) $36 D) $34