Refer to the information in E19-16 and assume Opsco applies IFRS.

In E19-16

Opsco Corp. provides the following information about its post-retirement health care benefit plan for the year 2017:

Instructions
Complete a post-retirement work sheet for 2017, and prepare all required journal entries related to the plan made by Opsco in 2017.

Transcribed Image Text:

Current service cost Contribution to the plan Actual return on plan assets Benefits paid Plan assets at January 1, 2017 Defined post-retirement benefit obligation at January 1, 2017 Discount rate $ 202,500 47,250 141,750 90,000 1,597,500 1,822,500 9%