Pension data for Sterling Properties include the following:

	($ in 000s)
Service cost, 2016	$	134
Projected benefit obligation, January 1, 2016		700
Plan assets (fair value), January 1, 2016		800
Prior service costAOCI (2016 amortization, $7)		95
Net lossAOCI (2016 amortization, $2)		116
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. 6% is the interest rate on high grade corporate bonds. Determine the net pension cost.