1. The Baton Rouge Company compiled the following information for the current year related to its defined benefit pension plan:

   Present value of defined benefit obligation, beginning of year	$1,000,000
   Fair value of plan assets, beginning of year	800,000
   Service cost, current year	50,000
   Actuarial gain, current year	8,000
   Actual return on plan assets, current year	55,000
   Effective yield on high-quality corporate bonds, current year	5%

   Required:

   Determine the amount of defined benefit cost for the current year to be reported in (a) net income and (b) other comprehensive income.