The following information is related to the defined benefit pension plan of ABC Industries for the year 2021:Service cost $ 68,000Contributions to pension plan 119,000Benefits paid to retirees 153,000Plan assets (fair value), January 1 643,000Plan assets (fair value), December 31 768,000Actual return on plan assets 159,000PBO, January 1 945,000PBO, December 31 954,500Discount rate 10 %Long-term expected return on plan assets 9 %Assuming no other relevant data exist, what is ABC's pension expense for 2021?