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Blue Co. provides the following information about its postretirement benefit plan for the year 2017.
Service cost$ 43,200
Contribution to the plan9,100
Actual and expected return on plan assets10,900
Benefits paid19,100
Plan assets at January 1, 2017101,400
Accumulated postretirement benefit obligation at January 1, 2017321,800
Discount rate8%
Question 1: Compute the postretirement benefit expense for 2017.
Question 2: What is the Postretirement benefit expense?
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