Pension data for Barry Financial Services Inc. include the following: ($ in thousands) $ 510 Discount rate, 6% Expected return on plan assets, 9% Actual return on plan assets, 8% Service cost, 2021 January 1, 2021: Projected benefit obligation Accumulated benefit obligation Plan assets (fair value) Prior service cost-AOCI (2021 amortization, $35) Net gain-AOCI (2021 amortization, $14) There were no changes in actuarial assumptions. December 31, 2021: Cash contributions to pension fund, December 31, 2021 Benefit payments to retirees, December 31, 2021 3,300 3,000 3,400 425 530 445 470 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. % Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine pension expense for 2021. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands rounded to 1 decimal place (i.e., 5,500 should be entered as 5.5).) $ Pension Expense Service cost Interest cost Expected return on plan assets Amortization of prior service cost Amortization of net gain 510.0 198.0 (264.) 35.0 (14.0) Pension expense $ 465.0 Required 1 Required 2 > Journal entry worksheet Record the pension expense. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet