2 Pension data for Sterling Properties include the following: 10 points Service cost, 2021 Projected benefit obligation, January 1, 2021 Plan assets (fair value), January 1, 2021 Prior service cost-AOCI (2021 amortization, $8) Net loss-AOCI (2021 amortization, $1) Interest rate, 9% Expected return on plan assets, 13% Actual return on plan assets, 14% ($ in thousands) $132 400 500 94 115 Required: Assume Sterling Properties prepares its financial statements according to International Financial Reporting Standards (IFRS). The interest rate on high-grade corporate bonds is 9%. Determine the net pension cost. Answer is complete but not entirely correct. Net pension cost $ 210 thousand