please answer both parts and i will upvote!

Question 14 (4 points) + Listen At December 31, 2020, Rams Company had a Deferred Tax Asset of $200,000. After careful review of all available evidence, Rams determines that it is more likely than not that it will not realize $80,000 of this deferred tax asset. The journal entry to record this reduction in asset value is Debit: Income Tax Expense--80,000; Credit Income Tax Payable--80,000. Debit: Deferred Tax Asset- -80,000; Credit: "Income Taxes Payable--80,000. Debit: Income Tax Expense- -80,000; Credit: Allowance to Reduce Deferred Tax Asset- -80,000 Debit: Deferred Tax Asset- -80,000: Credit: Allowance to Reduce Deferred Tax Asset--80,000 The following information is available for the pension plan of the ASU Corporation for the year 2020. Actual/expected return on plan assets $90,000 Benefits paid to retirees $350,000 Prior service cost amortization. $60,000 Fair value of plan assets, 01/01/2020. $2,400,000 Projected benefit obligation, 01/01/2020 . $2,700,000 Accumulated benefit obligation, 01/01/2020 $2,000,000 Contribution to the plan $370,000 Service cost $410,000 Gains and losses -0- 10% Settlement rate What is the pension expense for 2020? $650,000. O $830,000. O $1,000,000. $350,000