Question: Please help with this. Thanks!!! Pension data for Regal Properties include the following: ( $ in thousands ) Service cost, 2 0 2 4 $

Please help with this. Thanks!!!
Pension data for Regal Properties include the following:
($ in thousands)
Service cost, 2024
$ 116
Projected benefit obligation, January 1,2024
550
Plan assets (fair value), January 1,2024
800
Prior service costAOCI (2024 amortization, $7)
86
Net lossAOCI (2024 amortization, $2)
107
Interest rate, 8%
Expected return on plan assets, 10%
Actual return on plan assets, 11%
Required:
Determine the net pension cost.
Note: Enter your answer in thousands (i.e.,10,000 should be entered as 10). Pension data for Regal Properties include the following:
Expected return on plan assets, 10\%
Actual return on plan assets, 11\%
Required:
Determine the net pension cost.
Note: Enter your answer in thousands (i.e.,10,000 should be entered as 10).
Please help with this. Thanks!!! Pension data for

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