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Presented below is information related to Crane Inc. pension plan for 2021. Service cost $ 760000 Actual return on plan assets 184000 Interest on projected

Presented below is information related to Crane Inc. pension plan for 2021.

Service cost $ 760000
Actual return on plan assets 184000
Interest on projected benefit obligation 400000
Amortization of net loss 60000
Amortization of prior service cost due to increase in benefits 160000
Expected return on plan assets 180000

What amount should be reported for pension expense in 2021?

$1200000

$980000

$1196000

$1376000

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