Alpha Company sponsors a defined benefit plan covering all employees. Benefits are based on years of service and compensation levels at the time of retirement. Alphas December 31, 2020, trial balance included a project-ed benefit obligation balance of $983,000, adjusted for an actuarially determined pension loss due to projected changes in interest rates. Assuming service cost of $155,000, discount rate of 5% applicable during the year (prior to the change in rates), benefit payments of $118,000, and a January 1, 2020, balance of $840,000 for the PBO, what was the loss recorded on the PBO in 2020?