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Hathaway, Inc. sponsors a defined-benefit pension plan. The following data relates to the plan for 2013: Contributions to the plan, $450,000; Service cost, $500,000; Interest on projected benefit obligation, $445,000; Amortization of prior service cost due to increase in benefits, $85,000; Expected return on plan assets, $280,000. What amount should be reported for pension expense in 2013?

a) $300,000

b) $450,000

c) $750,000

d) $1,310,000

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