What is the 2019 Pension Expense for Fox Co. based on the following information?

Pension data for the 2019 calendar year:Service cost$ 70,000 Actual return on plan assets 9%

Benefits to retirees 60,000 Expected return on plan assets 7%

Cash contributions 50,000 Settlement rate 6%

Fox's Beginning 2019 Info (December 31, 2018 balances):Plan Assets$ 700,000

Projected Benefit Obligation (PBO) 850,000

Accumulated net other comprehensive loss (average service life is 10 years) 175,000

Prior Service Cost (PSC-Fox uses years of service amortization method) 300,000

(This PSC is attributable to 80 employees who are expected to retire as follows: 10 retire in 2 years, 15 in 3 years, 20 in 4 years, and 35 in 5 years)

$156,000

$142,000

$138,000

$165,000