Saved Help Save & Exit Louie Company has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary. The following information was included in the report: ending PBO, $118,000; benefits paid to retirees, $10,500; interest cost, $7,000. The discount rate applied by the actuary was 10%. What was the service cost for the year? Multiple Choice $17,500. $3,500. $51,500. $100,500