(Pension Worksheet) Hanson Corp. sponsors a defined-benefit pension plan for its employees. On January 1, 2010, the following balances related to this plan.

Plan assets (market-related value)               $520,000

Projected benefit obligation                            700,000

Pension asset/liability                                       180,000 Cr

Prior service cost                                                 81,000

Net gain or loss (debit)                                       91,000

As a result of the operation of the plan during 2010, the actuary provided the following additional data at December 31, 2010.

Service cost for 2010                                                   $108,000

Settlement rate, 9%; expected return rate, 10%

Actual return on plan assets in 2010                            48,000

Amortization of prior service cost                                 25,000

Contributions in 2010                                                   133,000

Benefits paid retirees in 2010                                       85,000

Average remaining service life of active employees 10 years Using the preceding data, compute pension expense for Hanson Corp. for the year 2010 by preparing a pension worksheet that shows the journal entry for pension expense, use the market-related asset value to compute the expected return and for corridor amortization.