Pension data for Sterling Properties include the following:

	($ in 000s)
Service cost, 2016	$	113
Projected benefit obligation, January 1, 2016		750
Plan assets (fair value), January 1, 2016		800
Prior service costAOCI (2016 amortization, $9)		81
Net lossAOCI (2016 amortization, $2)		102
Interest rate, 8%
Expected return on plan assets, 12%
Actual return on plan assets, 13%

Required:

Assume Sterling Properties prepares its financial statements according to International Financial Reporting Standards. 8% is the interest rate on high grade corporate bonds. Determine the net pension cost.