Victor has been asked to do some accounting for the Alexeeff Corp. pension plan. At the beginning of the period, the ABO is $10 million, PBO is $12 million, and the fair value of plan assets is $8 million. The discount rate is 9%, expected return on assets is $960,000, and the anticipated compensation growth rate is 4%. At the end of the period, it was determined that the actual return on assets was 14%, plan assets were $9 million, and the service cost for the year was $900,000. Ignore amortization of prior service costs and deferred gains and losses. Net pension cost on the income statement for the year is closest to:

A.$1,020,000. B.$860,000. C.$900,000. D.$720,000.