Teal Inc. sponsors a defined benefit pension plan for its employees. On January 1, 2020, the following balances relate to this plan. Plan assets $1,581,000 Projected benefit obligation 2,028,000 Pension liability 447,000 Prior service cost 237,000 As a result of the operation of the plan during 2020, the following additional data are provided by the actuary. Service cost for 2020 Settlement rate, 6% Actual return on plan assets in 2020 Amortization of prior service cost Expected return on plan assets Unexpected gain from change in projected benefit obligation, due to change in actuarial predictions Contributions in 2020 Benefits paid retirees in 2020 $139,000 113,000 25,000 166,000 202,000 149,000 174,000