The following information is available for Cullumber Corporation's pension plan for the year 2023: Plan assets, January 1, 2023 Actual return on plan assets $430,000 17,000 Benefits paid to retirees Contributions (funding) Discount rate 40,200 94,300 10% Defined benefit obligation, January 1, 2023, accounting basis valuation 518,000 Service cost 65,400 Calculate defined benefit expense for the year 2023, assuming that Cullumber follows IFRS. Defined benefit expense Provide the entries to recognize the pension expense and funding for the year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)