Pension data for Sterling Properties include the following: (s in 080s) $113 750 800 Service cost, 2018 Projected benefit obligation, January 1, 2018 Plan assets (fair value), January 1, 2018 Prior service cost-AOCI (2018 amortization, $9) Net loss-AOCI (2018 amortization, $2) Interest rate, 8% Expected return on plan assets, 12% Actual return on plan assets, 13% 102 Required: Assume Sterling Properties prepares its financial statements according to International Financial Reporting Standards. 8% is the interest rate on high grade corporate bonds. Determine the net pension cost Net pension cost thousand