Marvelous Marvin Co. provides the following information about its postretirement medical benefit plan for the year 2010.
Service cost.................................................................................$ 90,000
Past service cost amortization .........................................................3,000
Contribution to the plan.................................................................16,000
Actual and expected return on plan assets.................................... 62,000
Benefits paid...................................................................................40,000
Plan assets at January 1, 2010 ...................................................... 710,000
Defined benefit obligation at January 1, 2010...............................810,000
Unrecognized past service cost balance at January 1, 2010............100,000
Discount rate...........................................................................................9%

Instructions
Compute the postretirement benefit expense for 2010.