The following information is related to the defined benefit pension plan of Melissa Larson Company for the year:

Service cost	$	96,000
Contributions to pension plan		146,000
Benefits paid to retirees		111,000
Plan assets (fair value), January 1		540,000
Plan assets (fair value), December 31		659,000
Actual return on plan assets		84,000
PBO, January 1		810,000
PBO, December 31		876,000
Discount rate		10	%
Long-term expected return on plan assets		9	%

Assuming no other relevant data exist, what is the pension expense for the year?