Kraft, Inc. sponsors a defined$-$benefit pension plan. The following data relates to the operation of the plan for the year $2021.$

Service cost $ $325,000$

Contributions to the plan $330,000$

Benefits paid $190,000$

Actual return on plan assets $260,000$

Amortization of prior service costs $20,000$

Projected benefit obligation $($beginning of year$)3,600,000$

Fair value of plan assets $($beginning of year$)2,400,000$

The expected return on plan assets and the settlement rate were both $10\%.$ The amount of pension expense reported for $2021$ is

$$435,000$

$$465,000$

$$445,000$

$$945,000$