Exercise 20-1 (Part Level Submission) The following information is available for the pension plan of Ivanhoe Company for the year 2017. Actual and expected return on plan assets Benefits paid to retirees Contributions (funding) Interest/discount rate Prior service cost amortization Projected benefit obligation, January 1, 2017 Service cost $14,300 41,000 85,700 11% 8,200 482,000 58,800 Compute pension expense for the year 2017. Pension expense for 2017 Click if you would like to Show Work for this question: nen S