Pharoah Inc. sponsors a defined benefit pension plan for its employees. On January 1, 2020, the following balances relate to this plan.

Plan assets		$1,710,000
Projected benefit obligation		1,995,000
Pension liability		285,000
Prior service cost		246,000

As a result of the operation of the plan during 2020, the following additional data are provided by the actuary.

Service cost for 2020		$135,000
Settlement rate, 6%
Actual return on plan assets in 2020		112,000
Amortization of prior service cost		24,000
Expected return on plan assets		165,000
Unexpected gain from change in projected benefit obligation, due to change in actuarial predictions		215,000
Contributions in 2020		148,000
Benefits paid retirees in 2020		180,000

Using the data above, compute pension expense for Pharoah for the year 2020 by preparing a pension worksheet.