Preparing journal entry for pension plan. An aerospace manufacturer reports the following information related to its only pension plan for 2008 (amount in millions).

Give a single journal entry on the books of the aero soft manufacturing to recognize pension expense, the pension plan contribution, and the change in the net pension asset or net pension liability for 2008. Be sure to consider needed entries in Other Comprehensive Income, supporting the entry in this account with amounts from the disclosures above. Ignore incometaxes.

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Pension Plan Assets, Beginning of 2008. .. Plus Actual Return on Investments . Plus Employer Contribution.. $43,484 4,239 526 Less Benefits Paid . .. (2,046) $46,203 Pension Plan Assets, End of 2008 ... Pension Plan Liability, Beginning of 2008 $45,183 Plus Service Cost... 908 Plus Interest Cost 2,497 Less Actuarial Gain.. (960) Less Benefits Paid (2,046) Pension Plan Liability, End of 2008 $45,582 $ 908 Service Cost.. Interest Cost.. 2,497 Expected Return on Pension Plan Investments (3,456) Amortization of Actuarial Losses.. 1,101 Net Pension Expense..... $ 1,050