Pension data for Sterling Properties include the following ($ in thousands) Service cost, 2024 $ 136 Projected benefit obligation, January 1, 2024 760 Plan assets (fair value), January 1, 2024 800 Prior service costAOCI (2024 amortization, $9) 97 Net lossAOCI (2024 amortization, $2) 118 Interest rate, 5 Expected return on plan assets, 9 Actual return on plan assets, 10 Required Determine pension expense for 2024 Pension data for Sterling Properties include the following Required Determine pension expense for 2024 Note Enter your answers in thousands (i e , 10,000 should be entered as 10) Amounts to be deducted should be indicated with a minus sign

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Question: Pension data for Sterling Properties include the following: ($ in thousands) Service cost, 2024 $ 136 Projected benefit obligation, January 1, 2024 760 Plan assets

Pension data for Sterling Properties include the following:

	($ in thousands)
Service cost, 2024	$ 136
Projected benefit obligation, January 1, 2024	760
Plan assets (fair value), January 1, 2024	800
Prior service costAOCI (2024 amortization, $9)	97
Net lossAOCI (2024 amortization, $2)	118
Interest rate, 5%
Expected return on plan assets, 9%
Actual return on plan assets, 10%

Required:

Determine pension expense for 2024.

Pension data for Sterling Properties include the following: ($ in thousands) Service

Pension data for Sterling Properties include the following: Required: Determine pension expense for 2024. Note: Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign

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