Grouper Company provides the following information about its defined benefit pension plan for the year 2020. Service cost Contribution to the plan $91,000 104,000 Prior service cost amortization 9,400 Actual and expected return on plan assets 62,900 Benefits paid 39,900 Plan assets at January 1, 2020 630,400 Projected benefit obligation at January 1, 2020 701,800 Accumulated OCI (PSC) at January 1, 2020 153,000 Interest/discount (settlement) rate 10 % Compute the pension expense for the year 2020. Pension expense for 2020