Presented below is pension information related to MJ Inc. for the year 2021: Service cost $420,000 Interest on projected benefit obligation 270,000 Interest on vested benefits 120,000 Amortization of prior service cost due to increase in benefits 60,000 Expected return on plan assets 80,000 Actual return on plan assets 100,000 The amount of pension expense to be reported for 2021 is