The following data are for the pension plan for the employees of Beaufort Company.

Beauforts contribution was $1,247,000 in 2018 and benefits paid were $1,102,000. Beaufort estimates that the average remaining service life is 15 years. The actual return on plan assets in 2018 was $749,700. The unexpected gain on plan assets in 2018 was

	1/1/17	12/31/17	12/31/18
Accumulated benefit obligation	$7,350,000	$7,644,000	$9,996,000
Projected benefit obligation	7,998,000	8,232,000	10,689,000
Market-related asset value	7,468,000	8,350,000	9,014,000
Plan assets (at fair value)	7,762,000	8,820,000	9,901,000
Unrecognized net loss	0	1,450,000	1,490,000
Settlement rate (for year)		10%	9%
Expected rate of return (for year)		9%	8%