Cahal-Michael Company has a postretirement health care benefit plan. On January 1, 2021, the following planrelated data were available: The rate of return on plan assets during 2021 was 9%, although it was expected to be 8%. The actuary revised assumptions regarding the APBO at the end of the year, resulting in a $59,000 increase in the estimate of that obligation. Required: 1. Calculate any amortization of the net loss that should be included as a component of postretirement benefit expense for 2021. 2. Assume the postretirement benefit expense for 2021 , not including the amortization of the net loss component, is $232,000. What is the expense for the year? 3. Determine the net loss or gain as of December 31, 2021