The funded status of Patel Paneling Incorporated's defined benefit pension plan and the balances in prior service cost and the net gain$-$ pensions, are given below in thousands$)2024$ Beginning $2024$ Ending Balances Balances $2,3002,5812,4002,591108325300$ Projected benefit obligation plan assets Funded status prior service costAOCI Net gain$-$AOCI $338$ Retirees were paid $\backslash$$$270,000,$ and the employer contribution to the pension fund was $$245,000$ at the end of $2024.$ The expected rate of return on plan assets was $10\%$ and the actuary's discount rate is $7\%$ There were no changes in actuarial estimates and assumptions regarding the PBO Required : $1.$ Determine the actual return on plan assets of $2024$ Determine the loss or gain on plan assets of $20243.$ Determine the service cost of $20244.$ Determine the pension expense of $2024$ Determine the average remaining service life of active employees $($ used to determine amortization of the net gain$)$ for $2024$ Note: For all requirements $,$ enter your answers in thousands $($l$.$e$.200,000$ should be entered $200).$ Actual return thousand thousand thousand $3$Service cost thousand Pension expense years Average service Prev$4$ of $7$ Next $>$