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Bramble Company provides the following information about its defined benefit pension plan for the year...

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Accounting

Bramble Company provides the following information about its defined benefit pension plan for the year 2020.

Service cost $ 216,000

Contribution to the plan 263,000

Prior service cost amortization 34,000

Actual and expected return on plan assets 119,000

Benefits paid 217,000

plan assets at January 1, 2020 1,436,000

Projected benefit obligation at January 1, 2020 1,856,000

Accumulated OCI (PSC) at January 1, 2020 319,000

Interest/discount (settlement) rate 10 %

Compute the pension expense for the year 2020. Pension expense for 2020

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