E 19-4 Pension Expense Different Than Funding Over One Year Verna Company has had a defined benefit plan for several years. At the end of 2013, Verna accumulated the following information: (1) service cost for 2013, $127,000; (2) projected benefit obligation, 1/1/13, $634,000; (3) discount rate, 9%; (4) plan assets, 1/1/13, $589,000; and (5) expected long term rate of return on plan assets, 9%. There are no other components of Vernas pension expense. Verna had an accrued/prepaid pension cost liability at the end of 2012. Verna contributed $128,000 to the pension plan at the end of 2013. Compute the amount Vernas pension expense for 2013 and prepare the related journal entries.