Abbott and Abbott has a noncontributory, defined benefit pension plan. At December $31,2024,$ Abbott and Abbott received the following information:

Projected Benefit Obligation $($$ in millions$)$

Balance, January $1$ $ $100$

Service cost $21$

Interest cost $10$

Benefits paid $(10)$

Balance, December $31$ $ $121$

Plan Assets

Balance, January $1$ $ $80$

Actual return on plan assets $10$

Contributions $202121$

Benefits paid $(10)$

Balance, December $31$ $ $101$

The expected long$-$term rate of return on plan assets was $10\%.$ There was no prior service cost and a negligible net loss$$AOCI on January $1,2024.$

Required:

Determine Abbott and Abbott$$s pension expense for $2024.$

Prepare the journal entries to record Abbott and Abbott$$s $($a$)$ pension expense, $($b$)$ funding, and $($c$)$ payment for $2024.$