Scallion Company received the following reports of its defined benefit pension plan for the current calendar year PBO Plan assets Balance, January 1 Service cost Interest cost Benefits paid Balance, December 31 $460,000 Balance, January 1 $257,000 31,800 112,000 (81,000) $319,000 192,000 Actual return 39,000Annual contribution (81,000) Benefits paid $610,000 Balance, December 31 The long-term expected rate of return on plan assets is 10%. Assuming no other data are relevant, what is the pension expense for the year? Multiple Choice $205,300 $200,000 $231,000