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What the amount of postretirement expense for

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Reference no: EM132583396

The following facts relate to the Sunland Co. postretirement benefits plan for 2018:

Service cost $180000

Discount rate 10%

APBO, January 1, 2018 $1230000

EPBO, January 1, 2018 $1700000

Benefit payments to employees $109000

Question 1: The amount of postretirement expense for 2018 is

a) $350000.

b) $412000.

c) $180000.

d) $303000.

Reference no: EM132583396

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