Unpearable Pain has had a defined benefit pension plan for three decades. Two years ago, the company improved the benefits at a cost of $$2,800,000.$ Pension plan assets were $$84,000,000$ while pension obligations were $$76,000,000$ at the beginning of the year. For the current year, Unpearable Pain's pension plan incurred current service cost of $$6,400,000$ and interest of $$8,600,000.$ The pension's assets earned $$9,000,000,$ which is $$400,000$ below expectations. There were no actuarial gains or losses for the year.

a$)$ Compute the pension expense for the year.

Pension expense for the year

b$)$ Record the journal entries for Unpearable Pain's pension plan.