Presented below is information related to Jensen Inc. pension plan for 2021. Service cost $1,360,000 Actual return on plan assets 280,000 Interest on projected benefit obligation 520,000 Amortization of net loss 120,000 Amortization of prior service cost due to increase in benefits 220,000 Expected return on plan assets 240,000 What amount should be reported for pension expense in 2021? 1,980,000 $2,180,000 $1,940,000 $1,700,000