Pension data for Sterling Properties include the following 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, $1) Interest rate, 8% Expected return on plan assets, 11% Actual return on plan assets, 12% ($ in 000s) $122 700 800 89 110 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