Presented below is information related to Sunland Department Stores, Inc. pension plan for 2021. Accumulated benefit obligation (at year-end) Service cost Funding contribution for 2021 Settlement rate used in actuarial computation Expected return on plan assets Amortization of PSC (due to benefit increase) Amortization of net gains Projected benefit obligation (at beginning of period) Fair value of plan assets (at beginning of period) $570,000 510,000 450,000 10% 996 97,000 45,000 440,000 330,000 (a) Compute the amount of pension expense to be reported for 2021. Pension expense $