The following information is available for the pension plan of Teal Company for the year 2020. Actual and expected return on plan assets $ 15,600 Benefits paid to retirees 41,300 Contributions (funding) 90,700 Interest/discount rate 10 % Prior service cost amortization 8,700 Projected benefit obligation, January 1, 2020 534,000 Service cost 57,200 (a) Compute pension expense for the year 2020. Pension expense for 2020 $