Pension data for Barry Financial Services Incorporated include the following:

	($ in thousands)
Discount rate, 7%
Expected return on plan assets, 11%
Actual return on plan assets, 10%
Service cost, 2024	$ 410
January 1, 2024:
Projected benefit obligation	2,800
Accumulated benefit obligation	2,500
Plan assets (fair value)	2,900
Prior service cost AOCI (2024 amortization, $45)	375
Net gain AOCI (2024 amortization, $10)	430
There were no changes in actuarial assumptions.
December 31, 2024:
Cash contributions to pension fund, December 31, 2024	345
Benefit payments to retirees, December 31, 2024	370

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.