Century Fox Corporation's employees are eligible for postretirement health care benefits after both being employed at the end of the year in which age 60 is attained and having worked 20 years. Jason Snyder was hired at the end of 1995 by Century Fox at age 33 and is expected to retire at the end of 2023 (age 61). His retirement is expected to span five years (unrealistically short in order to simplify calculations). The company's actuary has estimated the net cost of retiree benefits in each retirement year as shown below. The discount rate is 5%. The plan is not prefunded. Assume costs are incurred at the end of each year (FV of $1, PV of S1 FVA of $1. PVA of $1. FVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided.) Expected Age Year 2024 2025 2026 2027 2028 Net Cost $4,500 4. 900 2,800 3,000 3,300 Required: 2. Calculate the present value of the net benefits as of the expected retirement date 3. With respect to Snyder, what is the company's expected postretirement benefit obligation at the end of 2018? 4. With respect to Snyder, what is the company's accumulated postretirement benefit obligation at the end of 2018? 5. With respect to Snyder, what is the company's accumulated postretirement benefit obligation at the end of 20197 6. What is the service cost to be included in 2019 postretirement benefit expense? 7. What is the interest cost to be included in 2019 postretirement benefit expense? 8. Show how the APBO changed during 2019 by reconciling the beginning and ending balances. Complete this question by entering your answers in the tabs below. TABLE 2 Present Value of $1 PV- NI 1.0% 1.5% 2.0% 2.5% 2.0% 3.5% 40% 45% 5.0% 5.5% 6.0% 70% 8.0% 0.0% 100% 11,0% 12.0% 20.0% 1 0.99010 0.98522 0.98099 0.97561 0.97087 0.96618 0.96154 0.95604 0.95238 0.04787 0.94340 0.93458 0.92593 0.0174 0.90909 0.00090 2 0.83333 0.00030 0.97066 0.96117 0.95181 0.94260 0.93351 0.92456 0.01573 0.90703 0.89345 0.19286 0.89000 0.87344 0.5734 0.4168 0.82445 0.81162 0.79719 0.60444 3 0.97059 0.95632 0.94232 0.92860 0.91514 0.00194 0.39900 0.87630 0.36384 0.85161 0.83962 0.81630 0.7990 0.77218 0.75131 073119 0.71178 0.57870 4 0.96098 0.94218 0.92385 0.00595 0.88940 0.87144 0.85480 0.83856 0.2270 0.80722 0.79209 0.76290 0.73500 0.70840 0.63301045873 0.63552 0.48225 5 0.95147 0.92826 0.90573 0.88385 0.86261 0.84197 0.82193 0.00245 0.78353 0.76513 0.74726 0.71299 0.68058 0.44993 062092 0.59345 0.56743 0.40188 6 0.94205 0.91454 0.88797 0.86230 0.83748 0.81350 0.79031 0.76790 0.74622 0.72525 0.70496 0.666.34 0.63017 0.59627 0.5647 0.54464 0.50663 071490 7 0.93272 0.90103 0.87056 0.84127 0.81309 0.79590 0.75002 0.73483 0.71068 0.68744 0.66506 0.62275 0.58340 0.54703 0.51316 0.48166 0.45235 0.27900 8 0.92348 0.88771 0.85340 0.82075 0.78041 0.75041 0.73069 0.70919 0.67684 0.65160 0.62741 0.58201 0.54027 0.50187 046651 0.43393 0.40388 0.21257 9 0.91434 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67200 0.64461 0.61763 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 019331 10 0.90529 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556 0.64393 0.61391 0.58543 0.55839 0.50835 0.46319 0.42241 0.385540.35218 0.32197 0.16151 11 0.89632 0.84893 0.80426 0.76214 0.72242 0.60495 0.64958 0.61620 0.58468 0.55491 0.52679 0.47500 0.42000 0.38753 0.35049 0.31728 0.28748 0.13459 12 0.88745 0.83639 0.78849 0.74356 0.70138 0.66178 0.62460 0.50966 0.55684 0.52598 0.49697 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 0.11216 13 0.87866 0.82403 0.77303 072542 0.0005 063040 0.60057 0 56427 0.53032 0.49856 0.46884 0.41496 0.36770 0.32618 0.20966 0.25751 0.22917 0.09346 14 0.86996 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.53997 0.50507 0.47257 0.44230 0.38782 0.34046 0.20925 0.26333 0.23199 0.20462 0.07789 15 0.86135 0.79985 0.74301 0.69047 0.64186 0.59680 0.55526 0.51672 0.48102 0.44793 0.41727 0.36245 0.31524 0.27454 0.23930 0.20900 0.18270 0.06491 16 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 049447 0.45811 0.42458 0.39365 0.33873 0.29180 0.25187 0.21763 0.18829 0.16312 0.05409 17 0.84438 0.77639 071416 0.65720 0.60502 0.55720 0.51337 0.47318 0.43630 0.40245 0.37136 0.31657 0.27027 0.23107 0.19784 0.16053 0.14564 0.04507 18 0.83602 0.76491 0.70016 0.64117 0.58739 0.53836 0.49363 0.45280 041552 0.38147 0.35034 0.29586 0.25025 0.21199 0.17036 0.15282 0.13004 0.03756 19 0.62774 0.75361 0.68643 0.62553 0.57020 0.52016 0.47464 0.43330 0.39573 0.36158 0.33051 0.27651 0.23171 0.10440 0.16351 0.13768 0.11611 0.03130 20 0.81954 0.74247 0.67297 0.61027 0.55368 0.50257 0.456.39 0.41464 0.37689 0.34273 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.02608 21 0.81143 0.73150 0.65978 0.50539 0.53755 0.40557 0.09883 0.396.79 0.35994 0.32486 0.20416 0.24151 0.10366 0.16370 0.13513 0.11174 0.09256 0.02174 24 0.24608 0.78757 0.69954 0.62172 0.55280 0.40193 0.43796 0.39012 0.34770 0.31007 0.27666 0.19715 0.06588 0.01250 0.15770 0.12640 0.101530.08170 0.233000.18425 0.146020.11597 0.092300.07351 0.05082 0.01040 250.77977 0.40921 0.60953 0.53930 0.47761 0.42315 0.37512 0.33273 0.29530 0.26223 0.19563 0.150400.11501 0.00055 0.06034 0.05.12 0.04187 28 0.75684 0.65910 0.57437 0.50008 0.43708 0.38165 0.33348 0.29157 0.25509 0.22332 0.00607 0 0.13456 0.4245 0.6875 0.12005 0.27902 0.24295 0.21163 0.14056 0.10733 0.00215 0.06304 0.000 0.00738 000506 29 0.74934 0.64936 0.56311 0. 4 0.17411 0.10132 0.0008 0.0757 0057 00 30 074192 0.63976 0.55207 047674 0.41190 035628 0.30832 0.26700 0.23138 0.20064 00 0.16425 0.12277 0.00202 0.00015 0.05210 0.03935 0.02000 31 0.73458 0.63031 0.54125 0.46511 0.39000 0.34423 0.29646 0.25550 0.22036 0.19018 0.00051 0.00184 0.02200 0.01538 0.01075 0.00068 DA O.55126 0.45209 0.37243 0.30656 0.25257 0.20829 0.17193 0.14205 0.11746 0.09722 0.06678004603 Required: 2. Calculate the present value of the net benefits as of the expected retirement date. 3. With respect to Snyder, what is the company's expected postretirement benefit obligation at the end of 2018? 4. With respect to Snyder, what is the company's accumulated postretirement benefit obligation at the end of 2018? 5. With respect to Snyder, what is the company's accumulated postretirement benefit obligation at the end of 2019? 6. What is the service cost to be included in 2019 postretirement benefit expense? 7. What is the interest cost to be included in 2019 postretirement benefit expense? 8. Show how the APBO changed during 2019 by reconciling the beginning and ending balances Complete this question by entering your answers in the tabs below. Reg 2 to 7 Reg 8 Calculate the present value of the net benefits as of the expected retirement date with respect to Snyder, what is the company's expected and accumulated postretirement benefit obligation at the end of 2018 and 2019? What is the service cost and interest cost to be included in 2019 postretirement benefit expense? (Do not found intermediate calculations. Round your final answers to nearest whole dollar) Show less Present value of the net benefits Expected postretirement benefit obligation APBO 2018 APBO 2019 Service cost Interest cost Reg 8 > Required: 2. Calculate the present value of the net benefits as of the expected retirement date. 3. With respect to Snyder, what is the company's expected postretirement benefit obligation at the end of 2018? 4. With respect to Snyder, what is the company's accumulated postretirement benefit obligation at the end of 2018 5. With respect to Snyder, what is the company's accumulated postretirement benefit obligation at the end of 2019 6. What is the service cost to be included in 2019 postretirement benefit expense? 7. What is the interest cost to be included in 2019 postretirement benefit expense? 8. Show how the APBO changed during 2019 by reconciling the beginning and ending balances. Complete this question by entering your answers in the tabs below. Reg 2 to 7 Req 8 Show how the APBO changed during 2019 by reconciling the beginning and ending balances. (Do not round intermediate calculations. Round your final answers to nearest whole dollar.) APBO at the beginning of 2019 Service cost Interest cost APBO at the end of 2019