Pension data for Goldman Company included the following for the current calendar year:

Service Cost: $106,000

PBO, January 1: 780,000

Plan Assets, January 1: 830,000

Amortization of prior service cost: 6,300

Amortization of net loss: 2,300

Discount rate, 8%

Expected return on plan assets, 10%

Actual return on plan assets, 12%

a. Determine the pension expense for the year. (Amounts to be deducted should be indicated with a minus sign.

b. Prepare the journal entry to record the pension expense.