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, $10\%$

Expected return on plan assets, $12\%$

Actual return on plan assets, $14\%$

Required:

Determine pension expense for the year.

Note: Amounts to be deducted should be indicated with a minus sign.