PBO Plan assets Balance, January 1 $ 420,000 Balance, January 1 $ 258,000 Service cost 191,000 Actual return 38,000 Interest cost 40.000 Annual contribution 117,000 Benefits paid (81.000) (81,000) Benefits paid Balance, December $ 332.000 Balance, December 31 $ 570.000 The long-term expected rate of return on plan assets is 10%. Assuming no other data are relevant, what is the pension expense for the year? $267.000 A 551 AM dap2054 The long-term expected rate of return on plan assets is 10%. Assuming no other data are relevant, what is the pension expense for the year? $267,000 $205,200 $193.000 $231,000