Pension data for Sterling Properties include the following ($ in 000s) Service cost, 2018 $ 132 Projected benefit obligation, January 1, 2018 400 Plan assets (fair value), January 1, 2018 500 Prior service costAOCI (2018 amortization, $8) 94 Net lossAOCI (2018 amortization, $1) 115 Interest rate, 9 Expected return on plan assets, 13 Actual return on plan assets, 14 Required Determine pension expense for 2018 (Enter your answers in thousands 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 000s) Service cost, 2018 $ 132 Projected benefit obligation, January 1, 2018 400 Plan assets

Pension data for Sterling Properties include the following:

	($ in 000s)
Service cost, 2018	$	132
Projected benefit obligation, January 1, 2018		400
Plan assets (fair value), January 1, 2018		500
Prior service costAOCI (2018 amortization, $8)		94
Net lossAOCI (2018 amortization, $1)		115
Interest rate, 9%
Expected return on plan assets, 13%
Actual return on plan assets, 14%

Required: Determine pension expense for 2018. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

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