The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2024: ($ in thousands) January 1 December 31 Projected benefit obligation Accumulated benefit obligation Interest (discount) rate, 8% Plan assets (fair value) Expected return on plan assets, 10 % Prior service cost-AOCI (from December 31, 2023, amendment) Net loss-AOCI Average remaining service life: 10 years Gain due to changes in actuarial assumptions Contributions to pension fund (end of year) Pension benefits paid (end of year) Required: $ 4,200 3,720 4,680 $ 4,480 3,960 5,125 850 488 40 350 305 Prepare a pension spreadsheet that shows the relationships among the various pension balances, shows the changes in those balances, and computes pension expense for 2024.