The following information concerns Carla Vista Corp.s defined benefit pension plan. Defined benefit obligation, 1/1/20 (before amendment) $253,000 Plan assets, 1/1/20 164,000 Discount rate 10% 14,500 Annual pension service cost Actual return on plan assets 8,200 On January 1, 2020, the company amended its pension plan, which resulted in a reduction in prior service benefits for current employees. The present value of the reduced benefits is $29,000. Calculate the pension expense that will be reported in net income for 2020 if Carla Vista applies IFRS. Pension benefit 14,500 Annual pension service cost Actual return on plan assets 8,200 On January 1, 2020, the company amended its pension plan, which resulted in a reduction in prior service benefits for current employees. The present value of the reduced benefits is $29,000. Calculate the pension expense that will be reported in net income for 2020 if Carla Vista Spplies IFRS. Pension benefit e Textbook and Media Calculate the pension expense that will be reported in net income for 2020 if Carla Vista applies ASPE. Pension expense $