Pension data for Barry Financial Services Incorporated include the following:

$\backslash$table$[[$Discount rate, $7\%,($$ in thousands$)],[$Expected return on plan assets, $12\%,],[$Actual return on plan assets, $11\%,],[$Service cost$,2024,480],[$January $1,2024$:$,3,150],[$Projected benefit obligation,$2,850],[$Accumulated benefit obligation,$3,250],[$Plan assets $($fair value$),410],[$Prior service cost$-$ A$0$CI $(2024$ amortization, $$50),500],[$Net gain$-$A$0$CI $(2024$ amortization, $$12),415],[$There were no changes in actuarial assumptions.,$440],[$December $31,2024$:$,]]$

Required:

Determine pension expense for $2024.$

Prepare the journal entries to record $($a$)$ pension expense, $($b$)$ gains and losses $($if any$),($c$)$ funding, and $($d$)$ retiree benefits for $2024.$