Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2019. Service cost $ 200,000 Contributions to the plan 220,000 Actual return on plan assets 180,000 Projected benefit obligation (beginning of year) 2,400,000 Market-related and fair value of plan assets (beginning of year) 1,600,000 The expected return on plan assets and the settlement rate were both 10%. The amount of pension expense reported for 2019 is a. $200,000. b. $260,000. c. $280,000. d. $440,000