Crane Corporation is a private company with a defined benefit pension plan. The following information is available for Crane Corporation for 2020 $206,000 Opening balance, DBO Opening balance. plan assets 196,000 Service cost 57.000 Employer contributions paid evenly through 2020 75,500 Applicable interest or discount rate 10 % Actual return on plan assets 24,500 Actuarial loss due to change in actuarial assumptions 13.700 Assuming that Crane follows IFRS, determine the 2020 effect of the pension plan on pension expense and the company's shareholders' equity. The pension plan results in total pension expense and a related in the net income and retained earnings by $ Assuming that Crane follows IFRS, determine the 2020 effect of the pension plan on pension expense and the company's shareholders' equity ined earnings by $ and aremeasurement loss (OCI) and In accumulated other comprehens Assuming that Crane follows IFRS, determine the 2020 effect of the pension plan on pension expense and the company's shareholders' equity. comprehensive income of $ for a total reduction in shareholders' equity of $