USE THE FOLLOWING INFORMATION FOR . 11-20: Interest (Cost) Rate Expected rate of return on plan assets Actual rate of return on plan assets Beginning of year balance in CASH 25,000 Projected benefit obligation at the beginning of 20117 Service cost, 2017 Interest Cost Loss (gain) on PBO for assumption changes Less: Benefits paid to retirees during the year S 367 500 Projected benefit obligation at the end of 2017 Plan assets at the beginning of the year Actual return on plan assets Cash contributions to the pension plan in 2017 Less: Benefits paid to retirees during the year 295,000 5 44,000 Plan assets at the end of 2017 Additional information reported from the actuary and plan trustee: Prior Service Costs incurred beginning of 2018 Beginning of year balance in AOCI for Net Loss Average remaining service years of employees Beginning of year balance in AOCI for PSC Amort zation of PSC years $ 28.4 Amortization of net loss Expected return on plan assets 11.) Calculate the 2017 Interest cost and write the answer on the cover sheet