Bacon Bad is a national diner that has set up a defined benefit pension plan for its employees. The company uses IFRS and has provided you with the following information pertaining to its pension plan: Pension obligation, December 31, 2021 - $7004110 Plan assets, December 31, 2021 - $5921750 Interest rate on pension obligations - 3% Current service cost for the year (accrued at the end of the year) - $586664 Improvement in pension plan, effective on January 1, 2022 - $58382 Actuarial gain on change in assumptions - $0 Expected return on plan assets - 3% of plan assets Actual return on plan assets - $267402 . Amounts remitted by employer to pension trust on January 1, 2022 - $669906 Payments to retirees on January 1, 2022 - $649092 . What is the pension expense for the company for the December 31, 2022 year-end? Instructio

Bacon Bad is a national diner that has set up a defined benefit pension plan for, its employees. The company uses IFRS and has provided you with the following information pertaining to its pension plan: - Pension obligation, December 31, 2021 - $7004110 - Plan assets, December 31, 2021 - $5921750 - Interest rate on pension obligations - 3% - Current service cost for the year (accrued at the end of the year) - $586664 - Improvement in pension plan, effective on January 1,2022 - \$58382 - Actuarial gain on change in assumptions - $0 - Expected return on plan assets - 3% of plan assets - Actual return on plan assets - $267402 - Amounts remitted by employer to pension trust on January 1, 2022 - $669906 - Payments to retirees on January 1,2022 - \$649092 What is the pension expense for the company for the December 31,2022 year-end