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The following information pertains to Johnson Corp.s defined benefit pension plan for 2020: Projected benefit obligation 1/1/20 980,000 Plan assets 1/1/20 790,000 Prior service cost

The following information pertains to Johnson Corp.s defined benefit pension plan for 2020:

Projected benefit obligation 1/1/20

980,000

Plan assets 1/1/20

790,000

Prior service cost

84,000

Accumulated OCI - Loss

100,400

Service cost for 2020

92,000

Settlement rate

7%

Expected return on plan assets

6%

Estimated future service life of employees

12 years

What amount willJohnson report as pension expense in its 2020 income statement?

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