The following information relates to the defined benefit pension plan for the McDonald company for the year ended 12/31/18

Projected benefit obligation Jan 1, 4,600,000

Projected benefit obligation Dec 31, 4,729,000

Fair Value of Plan Assets, Jan 1. 5,035,000

Fair Value of Plan Assets, Dec 31. 5,565,000

Expected return on plan assets 450,000

Amortization of deferred gain. 32.500

Employer Contributions. 425,000

Benefits paid to retirees 390,000

Settlement rate 10%

What would the service cost for the year be?