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

Service cost$ 126,000PBO, January 1720,000Plan assets, January 1770,000Amortization of prior service cost5,700Amortization of net loss1,700Discount 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.