Pension data for Goldman Company included the following for the current calendar year: Service cost PBO, January 1 Plan assets, January 1 Amortization of prior service cost Amortization of net loss Discount rate, 6% Expected return on plan assets, 8% Actual return on plan assets, 10% $116,000 830,000 880,000 6,800 2,800 Required: Determine pension expense for the year. (Amounts to be deducted should be indicated with a minus sign.) Pension Expense Service cost $ 116,000 Interest cost 49,800 Amortization of prior service cost 6,800 Amortization of net loss 2,800 Expected return on plan assets 70,400 x Pension expense $ 245,800 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted