Presented below is pension information related to Lucan Inc. for the calendar year Y8. The corporation uses ASPE. Current service costs $50,000 Contributions to the plan 55,000 Actual return on plan assets 45,000 Accrued benefit obligation (beginning of year) 600,000 Fair value of plan assets (beginning of year) 400,000 Interest cost on the obligation 10%.

What is the pension expense to be reported for Y8?