The following information for Cooper Enterprises is given below:

December 31, 2015

Assets and obligations

Plan assets (at fair value) $400,000

Accumulated benefit obligation 640,000

Projected benefit obligation 700,000

Other Items

Pension asset / liability, January 1, 2015 20,000

Contributions 250,000

Accumulated other comprehensive loss 335,800

 There were no actuarial gains or losses at January 1, 2015. The average remaining service life of employees is 12 year 5. What is the pension expense that Cooper Enterprises should report for 2015? 6. What is the amount that Cooper Enterprises should report as its pension liability on its balance sheet as of December 31, 2015? 7.The amortization of Other Comprehensive Loss for 2016