The following information is available for the pension plan of Radcliffe Company for the year 2020. Actual and expected return on plan assets $ 15,000 Benefits paid to retirees 40,000 Contributions (funding) 90,000 Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2020 Service cost Compute pension expense for the year 2020. Pension expense for 2020 $ 10 % 8,000 500,000 60,000 Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2020. (C Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for th Account Titles and Explanation Debit Credit