Oriole Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the plan for the years $2025$ and $2026.$

$\backslash$table$[[,2025,2026],[$Projected benefit obligation, January $1,$$$604,000,],[$Plan assets $($fair value and market$-$related value$),$ January $1,410,000,],[$Pension asset$/$liability$,$ January $1,194,000Cr.,],[$Prior service cost, January $1,160,000,],[$Service cost$,39,800,$$$59,000$