Practice Exercise #$2$

Presented below is pension information related to Tree Loft, Inc. for the year $2020.$ What is the amount of pension expense for $2020?$

$\backslash$table$[[,189,000],[$Interest on projected benefit obligation,$78,000],[$Interest on vested benefits,$47,000],[$Amortization of prior service cost due to increase in benefits,$270,000],[$Expected return on plan assets,$]]$

$\backslash$table$[[,],[,],[,],[,],[,],[2020$ Pension Expense,$]]$