What's pension expense for 2021?

Metlock Company sponsors a defined benefit pension plan for its 600 employees. The company's actuary provided the following information about the plan. December 31, January 1, 2020 2020 2021 Projected benefit obligation Accumulated benefit obligation Plan assets (fair value and market-related asset value) Accumulated net (gain) or loss (for purposes of the corridor calculation) Discount rate (current settlement rate) Actual and expected asset return rate Contributions $2,780,000 1,890,000 1,700,000 0 $3,632,200 2,421,000 2,902,000 200,000 9 % $4,175,776 2,899,000 3,796,000 (24,000 ). 8 % 10 % 10 % 1,032,000 603,800 The average remaining service life per employee is 10.5 years. The service cost component of net periodic pension expense for employee services rendered amounted to $402,000 in 2020 and $477,000 in 2021. The accumulated OCI (PSC) on January 1, 2020, was $1,438,500. No benefits have been paid. - Your answer is partially correct. Determine the total amount of pension expense to be recognized by Metlock Company in 2020 and 2021. Pension expense for 2020 $ 619200 Pension expense for 2021 $ 568462