Presented below is pension information related to Pete, Inc. for the year 2008: Service cost $96,000 Interest on projected benefit obligation (at 6%) 72,000 Amortization of prior service cost 16,000 Expected return (2.4%) on plan assets (Actual return was -4.8%) 24,000 PBO at 1/1/2008 Plan assets fair value at 1/1/2008 Net Loss -AOCI at 1/1/2008 $1,200,000 1,000,000 110,500 The amount of pension expense to be reported for 2008 is A. $144,000 OB. $192,000 OC. $216,000 OD. $160,000