The following information is for the pension plan for the employees of Oriole, Inc. Accumulated benefit obligation Projected benefit obligation Fair value of plan assets AOCI - Net (gain) or loss Settlement rate Expected rate of return 12/31/20 $2,740,000 3,040,000 3,070,000 (365,000) 796 6% 12/31/21 $3,700,000 3.940,000 3,570,000 (420,000) 7% 5% Oriole estimates that the average remaining service life is 15 years. Oriole's contribution was $472,000 in 2021 and benefits paid were $230,000 (a) Calculate the interest cost for 2021 Interest cost for 2021 $