Calculate hukle company net postretirement benefit cost

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Question: Hukle Company has provided the following information pertaining to its postretirement plan for 2014:

Service cost                                                $240,000

Benefit payment made at 12/31/14                    110,000

Interest on accumulated Postretirement
benefit obligation                                             40,000

Prior service cost amortization                           10,000

Required: Calculate Hukle Company's 2014 net postretirement benefit cost.

Reference no: EM131791869

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