Buffalo Co. provides the following information about its postretirement benefit plan for the year 2020.

Service cost		$ 45,900
Contribution to the plan		10,400
Actual and expected return on plan assets		11,500
Benefits paid		20,300
Plan assets at January 1, 2020		100,000
Accumulated postretirement benefit obligation at January 1, 2020		323,400
Discount rate		8	%

Compute the postretirement benefit expense for 2020.

Postretirement benefit expense=