Embid Company has provided you with the following data pertaining to its pension plan for the year ended December 31, 2019:

The 2019 service cost was $175,500.

The projected benefit obligation as of January 1, 2019 was $1,950,000.

Plan assets as of January 1, 2019 totaled $2,020,000.

The actual return on plan assets during 2019 was 10%.

Amortization of prior service costs during 2019 was $9,750.

The expected return on plan assets was 8%.

The pension plan funding during 2019 totaled $170,000.

The settlement/discount rate was 8%.

Calculate the pension expense for 2019. (Show your calculations for each of the components)