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Compute postretirement benefit expense

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Problem - Blue Inc. provides the following information related to its postretirement benefits for the year 2017.

Accumulated postretirement benefit obligation at January 1, 2017

$762,200

Actual and expected return on plan assets

31,500

Prior service cost amortization

21,300

Discount rate

10%

Service cost

90,800

Compute postretirement benefit expense for 2017.

Reference no: EM131580199

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