Current year records of Lexxus Company provide the following data related to its noncontributory defined benefit pension plan. Account Balances Jan. 1 Projected Benefit Obligation $3,000 Plan Assets 2,400 Accumulated OCIPrior Service Cost - Accumulated OCIPension Gain/Loss - Activity for the Year Service cost $1,200 Interest cost 240 Pension benefits paid 400 Actual return on plan assets 168 Contributions 1,024 Other Expected rate of return of plan assets 7% Discount rate 8%