Pension data for Sterling Properties include the following:

	($ in thousands)
Service cost, 2021	$	112
Projected benefit obligation, January 1, 2021		850
Plan assets (fair value), January 1, 2021		900
Prior service costAOCI (2021 amortization, $8)		80
Net lossAOCI (2021 amortization, $1)		101
Interest rate, 6%
Expected return on plan assets, 10%
Actual return on plan assets, 11%

Required: Assume Sterling Properties prepares its financial statements according to International Financial Reporting Standards (IFRS). The interest rate on high-grade corporate bonds is 6%. Determine the net pension cost.

Net pension cost __________thousand