Discount rate, $7\%$ Expected return on plan assets, $13\%$ Actual return on plan assets, $12\%$ Service cost, $2024$$ $430$January $1,2024$: Projected benefit obligation$2,900$Accumulated benefit obligation$2,600$Plan assets $($fair value$)3,000$Prior service cost AOCI $(2024$ amortization, $$25)385$Net gain AOCI $(2024$ amortization, $$10)450$There were no changes in actuarial assumptions. December $31,2024$: Cash contributions to pension fund, December $31,2024365$Benefit payments to retirees, December $31,2024390$Required:Determine pension expense for $2024.$Prepare the journal entries to record $($a$)$ pension expense, $($b$)$ gains and losses $($if any$),($c$)$ funding, and $($d$)$ retiree benefits for $2024.$