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Blossom, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2018. Service cost$325000 Contributions to

Blossom, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2018.

Service cost$325000

Contributions to the plan310000

Actual return on plan assets250000

Projected benefit obligation (beginning of year)3500000

Fair value of plan assets (beginning of year)2300000

The expected return on plan assets and the settlement rate were both 10%. The amount of pension expense reported for 2018 is

$445000.

$675000.

$325000.

$265000.

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