Louie Company has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary. The following information was included in the report: ending PBO, $110,000; benefits paid to retirees, $10,000, interest cost $8,000. The discount rate applied by the actuary was 8%, what was the service cost for the year? Multiple Choice $2,000 $12,000. $92.000. $18,000