Cedar Company has a defined benefit pension plan. For year 2021, the following information were available: Service cost Interest cost Benefits paid for the year Expected return on plan assets Actual return on plan assets Cash deposited with pension trustee Amortization of net loss-AOCI $40,000 8,000 35,000 12,000 15,000 52,000 2,000 There were no other pension-related costs. What is the amount of pension expense? O $38,000. $48,000. O $42,000. $33,000