Pension data for Barry Financial Services Inc. Include the following: 5. in thousands) 3490 Discount rate; 7% Expected return on pian asset 13% Actual return on planassets 12x Service cost, 2021 January 1, 2021: Projected benefit obligation Accumulated benefit obligation Plan assets (tair value) Pelor service cost AC (2021 mortization, $25) NetgiACT (2021 mortization 512) There were no changes in actuarial assumption December 31, 2021 Cash contributions to pension fund December 31, 2021 Benefit payments to retirees December 31, 2021 3,200 2,900 3.300 Sie 425 150 Required: 1. Determine pension expense for 2021 2. Prepare the journal entries to record (a) pension expense. (b) gains and losses of anys. (c) funding, and (d) retiree benefits for 2021 Complete this question by entering your answers in the tabs below. Required Required Determine pension expense for 2021. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands rounded to 1 decimal place5,500 should be entered as 5.5).) Pension Expense Pension expense 00 Required >> Required: Required 2 Prepare the journal entries to records) pension expense) (b) gains and losses (if any). (c) funding, and (d) retiree benefits for 2021. (IF no entry is required for a transaction event elect"Ne journal entry required in the host account field, Enter your answers in thousands rounded to 1 decimal place 5.500 should be entered as 5.5 Vlow transaction at Journal entry worksheet B D Record the pension expense General Journal Traballo A Debit Creta Record entry Cheantry Vuw gear journal