Pharoah, Inc. received the following information from its pension plan trustee concerning the operation of the company's defined benefit pension plan for the year ended December 31, 2018. The service cost component of pension expense for 2018 is exist960000 and the amortization of prior service cost due to an increase in benefits is exist130000. The settlement rate is 10% and the expected rate of return is 8%. What is the amount of pension expense for 2018? exist1844000 exist1760000 exist1604000 exist1886000