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The following information is available for the pension plan of Larkspur Company for the year 2017. Actual and expected return on plan assets $15,400 Benefits

The following information is available for the pension plan of Larkspur Company for the year 2017.

Actual and expected return on plan assets

$15,400

Benefits paid to retirees

38,500

Contributions (funding)

90,500

Interest/discount rate

9%Prior service cost amortization

8,200

Projected benefit obligation, January 1, 2017

507,000

Service cost

63,500

Compute pension expense for the year 2017.

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