Complete this question by entering your answers in the tabs below.

Prepare the appropriate journal entries to record the $($a$)$ postretirement benefit expense, $($b$)$ funding, and $($c$)$ retiree benefits

for $2021.($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Enter

your answers in thousands $($i$.$e$.,200,000$ should be entered as $200).)$Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for $2021$:

Required:

Determine the postretirement benefit expense for $2021.$

Prepare the appropriate journal entries to record the $($a$)$ postretirement benefit expense, $($b$)$ funding, and $($c$)$ retiree benefits for $2021.$

Answer is not complete.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Determine the postretirement benefit expense for $2021.($Amounts to be deducted should be indicated with a minus sign.

Enter your answers in thousands.$)$