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Brief Exercise 20-11 Ivanhoe Corporation has the following information available concerning its postretirement benefit plan for 2017. Service cost$40,800Interest cost48,800Actual and expected return on plan

Brief Exercise 20-11

Ivanhoe Corporation has the following information available concerning its postretirement benefit plan for 2017.

Service cost$40,800Interest cost48,800Actual and expected return on plan assets25,500

Compute Ivanhoe's 2017 postretirement expense.

Postretirement expense 2017$

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