Pension data for Sterling Properties include the following ($ in 000s) Service cost, 2018 $ 125 Projected benefit obligation, January 1, 2018 660 Plan assets (fair value), January 1, 2018 700 Prior service costAOCI (2018 amortization, $8) 90 Net lossAOCI (2018 amortization, $2) 111 Interest rate, 5 Expected return on plan assets, 9 Actual return on plan assets, 10 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 $ 125 Projected benefit obligation, January 1, 2018 660 Plan assets

Pension data for Sterling Properties include the following:

	($ in 000s)
Service cost, 2018	$	125
Projected benefit obligation, January 1, 2018		660
Plan assets (fair value), January 1, 2018		700
Prior service costAOCI (2018 amortization, $8)		90
Net lossAOCI (2018 amortization, $2)		111
Interest rate, 5%
Expected return on plan assets, 9%
Actual return on plan assets, 10%

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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