Based on the pension data for Excelsior Enterprises information provided at the end of the year below, determine the service cost component of pension expense for the year ended December 31. Assume there were no changes in actuarial assumptions and estimates. Enter your answer as a number without $ sign or commas Plan assets at fair value, January 1 PBO on January 1 PBO on December 31 Contributions made Benefit Payments made Settlement rate 10% 600,000 360,000 465,000 150,000 54,000