Pension data for Quinones Company included the following for the current calendar year: Actual return on plan assets $ 85,000 Amortization of net loss 2,500 Amortization of prior service cost 6,500 Expected return on plan assets 68,000 Interest cost 48,000 PBO, January 1 800,000 Plan assets, January 1 850,000 Service cost 110,000 What is pension expense for the year
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