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Pension data for Barry Financial Services Incorporated include the following: ( $ in thousands ) Discount rate, 7 % Expected return on plan assets, 9

Pension data for Barry Financial Services Incorporated include the following:
($ in thousands)
Discount rate, 7%
Expected return on plan assets, 9%
Actual return on plan assets, 8%
Service cost, 2024 $ 330
January 1,2024:
Projected benefit obligation 2,400
Accumulated benefit obligation 2,100
Plan assets (fair value)2,500
Prior service cost AOCI (2024 amortization, $35)335
Net gain AOCI (2024 amortization, $6)350
There were no changes in actuarial assumptions.
December 31,2024:
Cash contributions to pension fund, December 31,2024265
Benefit payments to retirees, December 31,2024290
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.

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