Pension data for Barry Financial Services Inc. include the following: ($ in thousands) Discount rate, 7% Expected return on plan assets, 11% Actual return on plan assets, 10% Service cost, 2021 $ 470 January 1, 2021: Projected benefit obligation 3,100 Accumulated benefit obligation 2,800 Plan assets (fair value) 3,200 Prior service costAOCI (2021 amortization, $45) 405 Net gainAOCI (2021 amortization, $12) 490 There were no changes in actuarial assumptions. December 31, 2021: Cash contributions to pension fund, December 31, 2021 405 Benefit payments to retirees, December 31, 2021 430 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