The following information is available for the pension plan of Sweet Company for the year 2020, Actual and expected return on plan assets $ 15,800 Benefits paid to retirees 39,500 Contributions (funding) 88,700 Interest/discount rate 11 % Prior service cost amortization 7.600 Projected benefit obligation, January 1, 2020 548,000 Service cost 60,000 (a) Compute pension expense for the year 2020, Pension expense for 2020