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Pension data for Sterling Properties include the following Service cost, 2021 Projected benefit obligation, January 1, 2021 Plan assets (fair value), January 1, 2021
Pension data for Sterling Properties include the following 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-ADCI (2021 amortization, $1) Interest rate, 6 Expected return on plan assets, 10% Actual return on plan assets, 11% ($ in thousands) $112 850 900 80 101 Required: Determine pension expense for 2021. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.) Pension Expense Interest cost $ 51 Expected return on plan assets (90) Amortization of prior service cost Amortization of net loss 1
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