The following information is related to the defined benefit pension plan of Avalanche Corporation for the year: Service cost Contributions to pension plan Benefits paid to retirees Plan assets (fair value), January 1 Plan assets (fair value). December 31 Actual return on plan assets PBO, January 1 PBO, December 31 Discount rate Long-term expected return on plan assets $ 68,000 114,000 156,000 642,000 752,000 152,000 915,000 918,500 10% 9% Assuming no other relevant data exist, what is the pension expense for the year? Multiple Choice $101.720. O $68,000 $97,720. $159,500