Question 1 The fair value of plan assets in Patty Company's defined benefit pension plan are: $600,000 on January 1, 2021; 660,000 on December 31, 2021. During 2021, pension benefits paid were $120,000 Patty also contributed $110,000 to the pension fund. The expected return on plan assets was 54,000. What is Patty's 2021 gain or loss on plan assets? (Hint: try to derive the actual return on plan assets first) (Do not add dollar sign; do not add comma by yourself to your amount; round the answer to the whole number)