The following refers to the pension spreedsheet (columns have missing amounts) for the current year for Pancho Villa Enterprizes (PVE).

$IN MILLIONS

$in milions	pbo	plan assets	prior service cost	net (gain/loss)	pension expense	cash	net pension (liability/asset)
beg bal		450	60	55			50
service cost	(85)
interest cost	(25)
expected return on assets		55
gain/loss on assets				3
amortization of prior service cost				(1)
loss on pbo	(55)
contribution to fund		40
retire benefits paid
ending balance	(530)		54	122

What is PVE's pension expense for the year?

a. $50, b. $250 c. $62, d. $68