The following information concerns Saverio Corp.s defined benefit pension plan.

Defined benefit obligation, 1/1/23 (before amendment) $239,000

Plan assets, 1/1/23 155,000

Discount rate 10%

Annual pension service cost 13,000

Actual return on plan assets 7,750

On January 1, 2023, 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 $34,000. Instructions

Calculate the defined benefit expense that will be reported in net income for 2023 if Saverio applies IFRS. Calculate the defined benefit expense that will be reported in net income for 2023 if Saverio applies ASPE. What are the disclosure requirements in this situation?