2 17 med exercise

Southeast Technology provides postretirement health care benefits to employees. On January 1,2024, the following plan-related dati were available: On January 1,2024, Southeast amends the plan in response to spiraling health care costs. The amendment establishes an annual maximum of $4,300 for medical benefits that the plan will provide. The actuary determines that the effect of this amendment is to decrease the APBO by $106,000. Management amortizes prior service cost on a straight-line basis. The interest rate is 10%. The service cost for 2024 is $127,000. Required: 1. Complete the below table to calculate the prior service cost amortization for 2024 . 2. Complete the below table to calculate the postretirement benefit expense for 2024 . Complete the below table to calculate the postretirement benefit expense for 2024 . Note: Enter your answer in thousands rounded to 1 decimal place (i.e., 5,500 should be entered as 5.5). Amounts to be deducted should be indlcated with a minus sign. Complete the beiow table to calculate the prior service cost amortization for 2024 . Note: Enter your answer in thousands rounded to 1 decimal place (1.e., 5,500 should be entered as 5.5 )