ata pertaining to the postretirement health care benefit plan of Danielson Delivery Service include the following for the current calendar year:

Service cost	$	156,000
APBO, January 1	$	860,000
Plan assets (fair value), January 1	$	86,000
Prior service cost (current year amortization,$2,000)	$	96,000
Retiree benefits paid (end of year)	$	96,000
Net gain (current year amortization, $1,000)	$	98,000
Contribution to health care fund (end of year)	$	91,000
Return on plan assets (actual and expected)		10	%
Discount rate		8	%

Required: 1. Determine Danielson's postretirement benefit expense for the current year. 2. Prepare the journal entries to record the benefit expense and funding for the current year.

• Record the benefit expense for the current year.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
1	Postretirement benefit expense
	Plan assets
	Net gainAOCI
	APBO

Transaction	General Journal	Debit	Credit
2	Plan assets
	Cash