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

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The following Information pertains to Havana Corporation's defined benefit pension plan: 2021 2022 Beginning Beginning ($ in thousands ) balances balances Projected benefit obligation $ (8, 000) $ (8,504) Plan assets 7,700 8, 336 Prior service cost-AOCI 800 720 Net loss-AOCI $ 920 $ 990 At the end of 2021, Havana contributed $740 thousand to the pension fund and benefit payments of $794 thousand were made to retirees. The expected rate of return on plan assets was 10%, and the actuary's discount rate Is 7%. There were no changes in actuarial estimates and assumptions regarding the PBO. What is the 2021 pension expense for Havana's plan? Multiple Choice O $790 thousand. O $618 thousand. O $698 thousand. O None of these are correct

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