Question: Pension data for Sterling Properties include the following: ($ in thousands) Service cost, 2021 $ 126 Projected benefit obligation, January 1, 2021 850 Plan assets

Pension data for Sterling Properties include the following:

($ in thousands)
Service cost, 2021 $ 126
Projected benefit obligation, January 1, 2021 850
Plan assets (fair value), January 1, 2021 900
Prior service costAOCI (2021 amortization, $7) 91
Net lossAOCI (2021 amortization, $2) 112
Interest rate, 6%
Expected return on plan assets, 10%
Actual return on plan assets, 11%

Required: Determine pension expense for 2021. (Enter your answers in thousands. Amounts to be deducted should be indicated with a minus sign.)

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

Pension Expense Pension expense

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