Merciful Industries has a beginning PBO balance of $600,000 and a settlement rate of 6%. What is the journal entry to record interest expense on the pension obligation?

Group of answer choices.

Pension Expense	36,000
Projected Benefit Obligation		36,000

.

Pension Expense	36,000
Other Comprehensive Income		36,000

.

Pension Expense	600,000
Projected Benefit Obligation		600,000

.

Pension Expense	600,000
Other Comprehensive Income		600,000