Frisco, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined-benefit pension plan for the year ended December 31, 2018. 2018 Fair value of pension plan assets $6,000,000 Projected benefit obligation 6,480,000 Accumulated benefit obligation 1,360,000 Accumulated OCI - (Gains / Losses) (120,000) January 1, 2018 December 31, $5,600,000 5,800,000 1,120,000 -0- The service cost component of pension expense for 2018 is $600,000 and the amortization of prior service cost due to an increase in benefits is $100,000. The settlement rate is 8% and the expected rate of return is 9%. What is the amount of pension expense for 2018