Barker Steel provides a defined benefit pension plan for its employees. One of its employees, Kim Stephen, who just turned 45 years old, expects to retire at age 75. At that time, the pension plan will pay Kim annual pension payments equal to 15% of her final year's salary for each year of services rendered by Kim. The pension payments will continue until Kim's death, which actuaries expect to be when she turns 85 years old. Kim is currently earning $70,000 per year, and this rate is not expected to increase due to the poor state of the steel industry. Barker Steel uses a 10% interest rate for its pension obligations. Requirement Determine the current service cost for Kim Stephen's pension for the past year (the year just before she turned 45). (Use a financial calculator, and round all present value calculations to the nearest whole dollar.) The current service cost for Kim Stephen's pension for the past year (the year just before she turned 45) is