During 20X5 JSG, Inc. established a defined benefit pension plan. Details related to the pension plan are as follows:

Defined benefit, noncontributory plan with immediate full vesting.

Benefits paid at the end of each retirement year beginning at age 60.

Expected 9% rate of return on plan assets.

Pension benefit = Years of service x .02 x Average of five highest annual salaries.

	December 31, 20X5	December 31, 20X4
Projected benefit obligation	$1,000,000	$900,000
Fair value and market related value of plan assets	1,000,000	750,000
Accumulated benefit obligation	900,000	800,000

Additional information:

JSG funded $50,000 to the plan on December 31, 20X5

JSG's discount is 7%.

Average remaining service period of employees expected to receive benefits is 10 years.

Service cost for 20X5 is $90,000.

Unrecognized prior service cost on January 1, 20X5 was $300,000.

Unrecognized prior net gain on January 1, 20X5 was $100,000.

The expected retirement period is 20 years.

Calculate JSG's minimum required net periodic pension cost for 20X5.