Abbott and Abbott has a noncontributory, defined benefit penslon plan. At December 31, 2021, Abbott and Abbott recelved the following Information: Projected Benefit Obligation Balance, January 1 Service cost ($ in millions) $140 40 Interest cost 14 Benefits paid (10) Balance, December 31 $184 Plan Assets $100 Balance, January 1 Actual return on plan assets 11 Contributions 2021 40 Benefits paid (10) Balance, December 31 $141 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, 2021. Required: 1. Determine Abbott and Abbott's penslon expense for 2021. 2 Prepare the Journal entries to record Abbott and Abbott's (a) penslon expense, (b) funding, and (C) payment for 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Abbott and Abbott's pension expense for 2021. Pension expense million < Required 1 Required 2 > Required: 1. Determine Abbott and Abbott's penslon expense for 2021. 2 Prepare the Journal entries to record Abbott and Abbott's (a) penslon expense, (b) funding, and (C) payment for 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record Abbott and Abbott's (a) pension expense, (b) funding, and (c) payment for 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Vlew transaction let Journal entry worksheet Record the pension expense. Note: Enter debits before credits. Transaction General Journal Debit Credit A Record entry Clear entry Vlew general Journal < Required 1 Required 2 >