Flounder Company received the following selected information from its pension plan trustee concerning the operation of the company's defined benefit pension plan for the year ended December 31, 2020.

January 1, 2020 December 31, 2020

Pension benefit obligation $1,475,000 $1,500,000

Market-related and fair value of plant assets $800,000 $1,133,000

Accumulated benefit obligation $1,570,000 $1,691,300

Accumulated OCI (G/L) --Net gain $ 0 $ (197,500)

The service cost component of pension expense for employee services rendered in the current year amounted to $75,000 and the amortization of prior service cost was $121,300. The company's actual funding (contributions) of the plan in 2020 amounted to $253,000. The expected return on plant assets and the actual rate were both 10%; the interest/discount settlement rate was 10%. Accumulated other comprehensive income (PSC) had a balance of $1,213,000 on January 1, 2020. Assume no benefits paid in 2020.

a) Determine the amounts of the components of pension expense that should be recognized by the company in 2020.