value 5.00 points Pension data for Barry Financial Services Inc. include thefollowing S in 0005) Discount rate,7% Expected return on plan assets, 10% Actual return on plan assets, 9% Service cost, 2016 January 1, 2016: Projected benefit obligation Accumulated benefit obligation Plan assets (fair value Prior service cost-AOCI (2016 amortization, $40) Net gain-AOCI (2016 amortization. $8) There were no changes in actuarial assumptions December 31, 2016 Cash contributions to pension fund. December 31, 2016 Benefit payments to retirees, December 31, 2016 S 400 2,750 2,450 2,850 370 420 335 360 (For all requirements, enter your answers in thousands rounded to 1 decimal place (i.e., 5,500 should be entered as 5.5).) Required: 1. Determine pension oxpense for 2016 (Amounts to be deducted shouid ibe ndicatesd with a mious sign.) Pension Expensein Pension expense