20. Hubbard, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined-benefit pension plan for the year ended December 31, 2022. 1/1/22 12/31/22 Defined benefit obligation. 11,400,000 11,760,000 Pension assets (at fair value) 6,000,000 6,900,000 Net (gains) and losses -0- 240,000 The service cost component of pension expense for 2022 is 840,000 and the past service cost due to an increase in benefits is 180,000 effective January 1, 2022. The discount rate is 10%. What is the amount of pension expense for 2022