Exercise 17-10 Determine pension expense (LO17-6, 17-7] 1 Abbott and Abbott has a noncontributory, defined benefit pension plan. At December 31, 2018, Abbott and Abbott received the following information: 3 points ($ in millions) $125 Projected Benefit Obligation Balance, January 1 Service cost Interest cost Benefits paid Balance, December 31 39 10 (8) $166 Print $ 75 Plan Assets Balance, January 1 Actual return on plan assets Contributions 2018 Benefits paid Balance, December 31 39 (8) $114 The expected long-term rate of return on plan assets was 8%. There was no prior service cost and a negligible net loss-AOCI on January 1, 2018 Required: 1. Determine Abbott and Abbott's pension expense for 2018. 2. Prepare the journal entries to record Abbott and Abbott's pension expense, funding, and payment for 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Abbott and Abbott's pension expense for 2018. Pension expense million