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The following information pertains to Havana Corporation's defined benefit pension plan: ($ in thousands) 2021 Beginning balances 2022 Beginning balances Projected benefit obligation $ (6,700

The following information pertains to Havana Corporation's defined benefit pension plan:

($ in thousands) 2021 Beginning balances 2022 Beginning balances
Projected benefit obligation $ (6,700 ) $ (7,204 )
Plan assets 6,400 7,036
Prior service costAOCI 670 640
Net lossAOCI $ 790 $ 850

At the end of 2021, Havana contributed $730 thousand to the pension fund and benefit payments of $664 thousand were made to retirees. The expected rate of return on plan assets was 10%, and the actuary's discount rate is 8%. There were no changes in actuarial estimates and assumptions regarding the PBO. What is the 2021 pension expense for Havanas plan?

Multiple Choice

  • $568 thousand.

  • $638 thousand.

  • None of these are correct.

  • $660 thousand.

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