Cullumber Corporation is a privately$-$owned company that uses ASPE. On January $1,2023,$ Cullumber's financial records indicated the following information related to the company's defined benefit pension plan:

Defined Benefit Obligation $$1,340,000$

Pension Plan Assets

$1,480,000$

Cullumber Corporation's actuary provided the following information on December $31,2023$:

$\backslash$table$[[$Current year service cost,$$94,000$