The value of total pension cost for the year. Given information: Service cost is $257,000 Interest on the beginning of PBO is $121,000. Expected return on plan assets is $56,000. Amortization of prior service cost is $24,000. Net actuarial gains are $87,000.

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Chapter 19, Problem 19.18BE

To determine

The value of total pension cost for the year.

Given information:

Service cost is $257,000

Interest on the beginning of PBO is $121,000.

Expected return on plan assets is $56,000.

Amortization of prior service cost is $24,000.

Net actuarial gains are $87,000.

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