The following information is available for the pension plan of Sheridan Company for the year $2025.$

Actual and expected return on plan assets $$13,800$

Benefits paid to retirees

$36,600$

Contributions $($funding$)$

$88,000$

Interest$/$discount rate

$11\%$

Prior service cost amortization

$7,900$

Projected benefit obligation, January $1,2025,502,000$

Service cost

$59,000$

$($a$)$

Compute pension expense for the year $2025.$

Pension expense for $2025$

$