The following information is available for Ivanhoe Corporation's pension plan for the year 2020 Plan assets, January 1, 2020 Actual return on plan assets Benefits paid to retirees Contributions (funding) Discount rate Defined benefit obligation, January 1.2020, accounting basis valuation Service cost $390,000 17,000 40.300 94,300 12% 519.000 66.700 Your answer is partially correct Calculate pension expense for the year 2020, assuming that Ivanhoe follows IFRS Pension expense 111900