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Pension data for Sterling Properties include the following: efit obligat January 1, 2tion, $8) ($ in thousands) $115 500 600 83 Service cost, 2021 Projected

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Pension data for Sterling Properties include the following: efit obligat January 1, 2tion, $8) ($ in thousands) $115 500 600 83 Service cost, 2021 Projected benefit obligation, January 1, 2021 Plan assets (fair value), January 1, 2021 Prior service cost-AOCI (2021 amortization, $8) Net loss-AOCI (2021 amortization, $1) Interest rate, 7% Expected return on plan assets, 11% Actual return on plan assets, 12% 104 Required: Determine pension expense for 2021. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. Pension Expense Service cost Interest cost Expected return on plan assets Amortization of prior service cost Amortization of net loss 115 35 (6) X 8 1 Pension expense $ 153

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