The following information is available for Cullumber Corporation's pension plan for the 2020 fiscal year: Defined benefit obligation, 1/1/20, accounting basis, before plan amendment $289,000 Fair value of plan assets, 1/1/20 321,000 Current service cost 63,600 Discount rate 12% Actual return on plan assets 10% Contributions (funding) 79,000 Benefits paid to retirees 42,800 On January 1, 2020, Cullumber Corp. amended its pension plan, resulting in past service costs with a present value of $140,350. Cullumber follows ASPE. Calculate pension expense for 2020. Pension expense 2$ Prepare journal entries to record the expense and funding for the year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Pension Expense Net Defined Benefit Liability/Asset v (To record pension expense.) Net Defined Benefit Liability/Asset v Cash (To record contributions to the pension fund.)