3. A O0 points Exercise 17-27 Postretirement benefits; components of postretirement benefit expense [LO17-11]) Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for 2016 S in 000s) $ 152 Service cost Accumulated postretirement benefit obligation, January 1 Plan assets (fair value), January1 Prior service cost-AOCI 800 50 none rtization, $1) Retiree benefits paid (end of year) Contribution to health care benefit fund (end of year) Discount rate, 7% Return on plan assets (actual and expected), 10 % 96 240 Required the postretirement benefit expense for 2016. (Amounts to be deducted should be 1. indicated with a minus sign.) ($ in 000s) Pension expense t for 2016 joumal entries to record the postreti rement be ns, funding, and retiree 2. benefit ired" in the first account field. Enter you answers in thousands (i.e., 200,000 should be entered as 200).) View transaction list X Record the postretirement benefit expense. 1 Record the funding 2 3 Record the retiree benefits. Credit =journal entry has been entered Note Record entry Clear entry View general journal t for 2016 joumal entries to record the postreti rement be ns, funding, and retiree 2. benefit ired" in the first account field. Enter you answers in thousands (i.e., 200,000 should be entered as 200).) View transaction list X Record the postretirement benefit expense. 1 Record the funding 2 3 Record the retiree benefits. Credit =journal entry has been entered Note Record entry Clear entry View general journal