A company's postretirement health care benefit plan had an APBO of $250,000 on January 1, 2016. During 2016, retiree benefits paid were $38,500. The discount rate for the plan for this year was 10%. Service cost for 2016 was $78,500. Plan assets (fair value) increased during the year by $315,000. The amount of the APBO at December 31, 2016, was: