Smith, Inc. has a pension plan with the following data available for 20X1 and 20X2:

	20X1	20X2
Service cost	$	30,000		$	34,000
Interest cost	$	18,000		$	20,000
Actual return on plan assets	$	15,000		$	21,600
Beginning of year plan assets	$	200,000		$	240,000
Discount rate		8	%		8	%
Expected return on plan assets		8	%		8	%

Smiths pension periodic pension cost for 20X1 is: