Crane Company provides the following information about its defined benefit pension plan for the year 2020. Service cost Contribution to the plan $91,000 106,400 Prior service cost amortization 10,800 Actual and expected return on plan assets 65,200 Benefits paid 40,500 Plan assets at January 1, 2020 633,900 Projected benefit obligation at January 1, 2020 701,600 Accumulated OCI (PSC) at January 1, 2020 149,900 Interest/discount (settlement) rate 9 % Compute the pension expense for the year 2020. Pension expense for 2020 $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer