On January 1 of Year 1, Survival Company amended its defined benefit pension plan by granting retroactive pension benefits for work performed before that date. The present value of those benefits was determined to be $48,000 at that date. The following employees expect to receive benefits under the plan, and they have the indicated expected number of years remaining in their careers at January 1 of Year 1: Employee One: two years, Employee Two: five years. Determine the amortization of prior service cost to be recognized in Year 3 under the Service method that associates an equivalent amount of prior service cost to each service year.

Note: Round your answer to the nearest whole dollar. Amortization of prior service cost in Year 3: