P$20-3($Pension Expense, Journal Entries, Amortization of Loss$)$ Paul Dobson Company sponsors a

defined benefit plan for its $100$ employees. On January $1,2010,$ the company's actuary provided the

following information.

The average remaining service period for the participating employees is $10\mathrm{.}5$ years. All employees are

expected to receive benefits under the plan. On December $31,2010,$ the actuary calculated that the pres$-$

ent value of future benefits earned for employee services rendered in the current year amounted to

$$52,000$; the projected benefit obligation was $$452,000$; fair value of pension assets was $$276,000$; the ac$-$

cumulated benefit obligation amounted to $$365,000.$ The expected return on plan assets and the discount

rate on the projected benefit obligation were both $10\%.$ The actual return on plan assets is $$11,000.$ The

company's current year's contribution to the pension plan amounted to $$65,000.$ No benefits were paid

during the year.

Instructions

$($Round to the nearest dollar$)$

$($a$)$ Determine the components of pension expense that the company would recognize in $2010.($With

only one year involved, you need not prepare a worksheet.$)$