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The following information pertains to Lavana Corporation's defined benefit pension plan: ($ in 000s) 2018 2019 Beginning Balances Beginning Balances Projected benefit obligation ($6,000) ($6,504)

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

($ in 000s)

2018

2019

Beginning Balances Beginning Balances
Projected benefit obligation

($6,000)

($6,504)

Plan assets

5,760

6,336

Prior service costAOCI

600

552

Net lossAOCI

720

786

At the end of 2018, Lavana contributed $696,000 to the pension fund and benefit payments of $624,000 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's the 2018 service cost for Lavana's plan?

A. $528,000
B. Can't be determined from the given information
C. $276,000
D. $648,000

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