The following information is available for the pension plan of Concord Company for the year 2020. Actual and expected return on plan assets Benefits paid to retirees Contributions (funding) Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2020 Service cost $15,000 39,300 84,400 10% 8,100 490,000 56,600 Compute pension expense for the year 2020. Pension expense for 2020 S eTextbook and Media List of Accounts Prepare the journal entry to record pension expense and the employer's contribution to the pension plan in 2020. (Credit account titles are automatically inder entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit