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Compute postretirement benefit expense

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

Accumulated postretirement benefit obligation at January 1, 2017 $716,000

Actual and expected return on plan assets33,700

Prior service cost amortization19,100

Discount rate9%

Service cost89,600

Compute postretirement benefit expense for 2017.

Reference no: EM131640223

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