3. Selected Information about the pension plan of Roman Co. is as follows:

12/31/20 12/31/21

Accumulated benefit obligation $4,700,000 $4,930,000

Projected benefit obligation $4,950,000 $5,200,000

Accumulated OCI (PSC) $1,800,000 $1,500,000

Fair value of plan assets $4,750,000 $4,950,000

Pension expense $1,000,000 $1,900,000

Contribution $985,000 $1,550,000

Discount rate (for year) 9% 8%

Calculate the Pension Expense for the year ended Dec 31, 2021. Total Pension Expense - 2021

Total Pension Expense - 2021