Problem 17-164 Pension data for Goldman Company included the following for the current calendar year: Service cost PBO, January 1 Plan assets, January 1 Amortization of prior service cost $116,000...

Extracted text: Problem 17-164 Pension data for Goldman Company included the following for the current calendar year: Service cost PBO, January 1 Plan assets, January 1 Amortization of prior service cost $116,000 830, 000 880, 000 6,800 2,800 Amortization of net loss Discount rate, 6% Expected return on plan assets, 8% Actual return on plan assets, 10% Required: Determine pension expense for the year. (Amounts to be deducted should be indicated with a minus sign.) Pension Expense Pension expense