$1)$ Record the pension expense.

$2)$ Record the gain on PBO.

$3)$ Record the loss on plan assets.

$4)$ Record the funding of plan assets.

$5)$ Record the payment of benefits.

$6)$ Determine the balances at December $31,2024,$ in the net gain$$AOCI$,$ and prior service cost$$AOCI$.[$Hint: You might find T$-$accounts useful.$]$

$7)$ What amount will Beale report in its $2024$ balance sheet as a net pension asset or net pension liability for the funded status of the plan?