The following data are given for Cooper Enterprises:

December 31, 2018

Assets and obligations

Plan assets (at fair value) $200,000

Accumulated benefit obligation $370,000

Projected benefit obligation $400,000

Other Items

Pension asset / liability, January 1, 2018 $10,000

Contributions $120,000

Accumulated other comprehensive loss $167,900

There were no actuarial gains or losses at January 1, 2018. The average remaining service life of employees is 10 years. What is the pension expense that Cooper Enterprises should report for 2018?