Bonita Co. provides the following information about its postretirement benefit plan for the year 2017.

Service cost		$85,500
Prior service cost amortization		2,800
Contribution to the plan		56,200
Actual and expected return on plan assets		58,600
Benefits paid		36,700
Plan assets at January 1, 2017		702,400
Accumulated postretirement benefit obligation at January 1, 2017		769,700
Accumulated OCI (PSC) at January 1, 2017		102,000	Dr.
Discount rate		9	%

Prepare a worksheet inserting January 1, 2017, balances, showing December 31, 2017, balances, and the journal entry recording postretirement benefit expense. (Enter all amounts as positive.)

BONITA CO. Postretirement Benefit Worksheet2017

General Journal Entries

Memo Record

Items

Annual Postretirement Expense

Cash

OCIPrior Service Cost

Postretirement Asset/ Liability

APBO

Plan Assets