Presented below is information related to Marley Inc. pension data for 2019. Service cost $700,000 Amortization of unrecognized net gain 80,000 Amortization of unrecognized prior service cost 130,000 Actual return on plan assets 65,000 Projected benefit obligation at January 1,2019 900,000 Plan assets at January 1,2019 780,000 Contribution (funding) 400,000 On 1/1/2019, PSC was granted having a present value of 100,000 Benefits paid to retirees 200,000 Settlement rate 9% Expected rate of return 7% What amount would be reported as pension expense for 2019 ? what is the pension asset/liability?