Pension data for Barry Financial Services Inc. include the following:

	($ in thousands)
Discount rate, 7%
Expected return on plan assets, 9%
Actual return on plan assets, 8%
Service cost, 2021	$	390
January 1, 2021:
Projected benefit obligation		2,700
Accumulated benefit obligation		2,400
Plan assets (fair value)		2,800
Prior service costAOCI (2021 amortization, $35)		365
Net gainAOCI (2021 amortization, $8)		410
There were no changes in actuarial assumptions.
December 31, 2021:
Cash contributions to pension fund, December 31, 2021		325
Benefit payments to retirees, December 31, 2021		350

Required: 1. Determine pension expense for 2021. 2. Prepare the journal entries to record (a) pension expense, (b) gains and losses (if any), (c) funding, and (d) retiree benefits for 2021.