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

Service cost	$140,000
PBO, January 1	650,000
Plan assets, January 1	700,000
Amortization of prior service cost	5,000
Amortization of net loss	1,000
Discount rate, 6%
Expected return on plan assets, 8%
Actual return on plan assets, 10%

Required:

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