Family Favors Inc. provides the following information about its postretirement benefit plan for the year 2014.
Service cost ................. $ 134,000
Prior service cost amortization ......... 120,000
Contribution to the plan .......... 50,000
Actual and expected return on plan assets ... 22,000
Benefits paid ............... 68,000
Plan assets at January 1, 2014 ......... 265,000
Accumulated postretirement benefit
obligation at January 1, 2014 ........ 1,545,000
Accumulated OCI (PSC) at January 1, 2014 .. 1,280,000
Discount rate ............... 6%

Instructions
Compute the postretirement benefit expense for 2014.