During 20X5 JSG, Inc. established a defined benefit pension plan. Details related to the pension plan are as follows:

Defined benefit, noncontributory plan with immediate full vesting.

Benefits paid at the end of each retirement year beginning at age 60.

Expected 9% rate of return on plan assets.

Pension benefit = Years of service x .02 x Average of five highest annual salaries.

	December 31, 20X5	December 31, 20X4
Projected benefit obligation	$1,000,000	$900,000
Fair value and market related value of plan assets	1,000,000	750,000
Accumulated benefit obligation	900,000	800,000

Additional information:

JSG funded $50,000 to the plan on December 31, 20X5

JSG's discount is 7%.

Average remaining service period of employees expected to receive benefits is 10 years.

Service cost for 20X5 is $90,000.

Unrecognized prior service cost on January 1, 20X5 was $300,000.

Unrecognized prior net gain on January 1, 20X5 was $100,000.

The expected retirement period is 20 years.

Calculate JSG's minimum required net periodic pension cost for 20X5. No entries have been made to record the pension expense or funding of the plan.