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Classified Electronics has an unfunded retiree health care plan. Each of the companys three employees has been with the firm since its inception at the

Classified Electronics has an unfunded retiree health care plan. Each of the companys three employees has been with the firm since its inception at the beginning of 2010. As of the end of 2011, the actuary estimates the total net cost of providing health care benefits to employees during their retirement years to have a present value of $64,000. Each of the employees will become fully eligible for benefits after 28 more years of service but arent expected to retire for 35 more years. The interest rate is 7%. Required: (1) What is the expected postretirement benefit obligation at the end of 2011? (Omit the "$" sign in your response.) Expected postretirement benefit obligation $ (2) What is the accumulated postretirement benefit obligation at the end of 2011? (Do not round intermediate calculations. Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Accumulated postretirement benefit obligation $ (3) What is the expected postretirement benefit obligation at the end of 2012? (Do not round intermediate calculations. Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Expected postretirement benefit obligation $ (4) What is the accumulated postretirement benefit obligation at the end of 2012? (Do not round intermediate calculations. Round your answer to the nearest dollar amount. Omit the "$" sign in your response.) Accumulated postretirement benefit obligation $ check my workeBook Linkreferences Worksheet Learning Objective: 17-10 Explain how the obligation for postretirement benefits is measured and how the obligation changes

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