Pension data for Barry Financial Services Inc Include the following: (5 in thousands $31 Discount rate, 7% Expected return on plan assets, 10% Actual return on plan assets Service cost, 2021 January 1, 2021 Projected benefit obligation Accumulated benefit obligation Plan assets (tair value) Prior service cost-ACT (2021 amortization 525) Net gaiOCT (2021 mortization, 36) There were no changes in actuarial assumptions. December 1120211 Cash contributions to pension fund, December 31, 2021 Benefit payments to retires December 11, 2021 2.300 2.ee 2,400 33 205 Required: 1. Determine pension expense for 2021 2. Prepare the journal entries to record (aj pension expense, Dj gains and losses of any). (c) funding, and (d) retiree benefits for 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine pension expense for 2021. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (10.200,000 should be entered as 200).) Pension Expense Amortization of net gain Pension expense S 0 Required 2 > Required: 1. Determine pension expense for 2021 2. Prepare the journal entries to record (a) pension expense. (b) gains and losses (if any). (c) funding, and (d) retiree benefits for 2021 Complete this question by entering your answers in the tabs below. Required Required 2 Prepare the journal entries to record (a) pension expense. (b) gains and losses (if any). (c) funding, and (d) retiree benefits for 2021. (1f no entry is required for a transaction/event, select No journal entry required in the first account field. Enter your answers in thousands fize. 200.000 should be entered as 200).)) Vow transaction est Journal entry worksheet C A B C D Record the pension expense. tente debit before che Transaction A General Journal Debit Credit Record entry Clear entry View general Journal Record the funding More 7 Transaction General Journal Debt Crede Record entry Clear entry View general