Pension Expense and Liability On December 31, 2013, Robey Company accumulated the following information for 2013 in regard to its defined benefit pension plan: Service cost $106,000 Interest cost on projected benefit obligation 20,000 Expected return on plan assets 13,000 Amortization of prior service cost 4,000 On its December 31, 2012, balance sheet, Robey had reported an accrued/prepaid pension cost liability of $13,000.
How much would Robey need to fund its pension plan for 2013 in order to report an accrued/prepaid pension cost asset of $4,000 at the end of 2013?