Herring Wholesale Company has a defined benefit pension plan. On January 1, 2021, the following pension related data were available: Net gain-ADCI Accumulated benefit obligation Projected benefit obligation Fair value of plan assets Average remaining service period of active employees (expected to remain constant for the next several years) thousands) $320 2,570 2,600 2,100 12years The rate of return on plan assets during 2021 was 9%, although it was expected to be 10%. The actuary revised assumptions regarding the PBO at the end of the year, resulting in a $37,000 decrease in the estimate of that obligation Required: 1. Calculate any amortization of the net gain that should be included as a component of net pension expense for 2021 2. Assume the net pension expense for 2021, not including the amortization of the net gain component is $339,000. What is pension expense for the year? 3. Determine the net loss-AOCI or net gain. AOCI as of January 1, 2022 (For all requirements, enter your answers in thousands (ie 200,000 should be entered os 200).) IS in thousands) 1 2 3 Amount amorized to 2021 pension expense Pension expense -AOCI end of 2021 (beg of 2022)