A companys post retirement health care benefit plan

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A company's postretirement health care benefit plan had an APBO of $285,000 on January 1, 2016. During 2016, retiree benefits paid were $42,000. The discount rate for the plan for this year was 10%. Service cost for 2016 was $84,000. Plan assets (fair value) increased during the year by $355,500. The amount of the APBO at December 31, 2016, was:

Reference no: EM131803180

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