The Hijo Corporation is a publicly accountable entity that operates a defined benefit plan for its employees. Data relating to the pension plan is as follows:
Pension obligation, December 31, 20X1	$22,300,000
Plan assets, December 31, 20X1	24,500,000
Current service cost, December 31, 20X2	2,200,000
Benefits paid to retirees, December 31, 20X2	1,000,000
Actual return on plan assets, December 31, 20X2	800,000
Pension obligation, December 31, 20X2, per actuary	24,000,000
Yield on high quality corporate bonds	4%
What amount will Hijo report in other comprehensive income pertaining to pension expense for its year-ended December 31, 20X2?

a.

$392,000 gain

b.

$212,000 gain

c.

$572,000 loss

d.

$180,000 loss