Ivanhoe Company provides the following information about its defined benefit pension plan for the year...
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Ivanhoe Company provides the following information about its defined benefit pension plan for the year 2020. Service cost Contribution to the plan Prior service cost amortization Actual and expected return on plan assets Benefits paid Plan assets at January 1, 2020 Projected benefit obligation at January 1, 2020 Accumulated OCI (PSC) at January 1, 2020 Interest/discount (settlement) rate $206,000 258.000 36,000 128.000 226,000 1.483.000 1.840.000 334,000 990 Compute the pension expense for the year 2020. Pension expense for 2020
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