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Crane Corporation has the following information available concerning its post-retirement benefit plan for 2020: Current service cost $80,900 Interest cost on DBO, discount rate at

Crane Corporation has the following information available concerning its post-retirement benefit plan for 2020:

Current service cost $80,900
Interest cost on DBO, discount rate at 6% 66,500
Return on plan assets, using 6% discount rate 47,900
Actual return on plan assets for 2020 54,000

Assuming Crane follows IFRS, calculate Legacys 2020 post-retirement benefit expense that will be included in net income.

Postretirement benefit expense $enter Postretirement benefit expense in dollars

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Assuming Crane follows ASPE, calculate Legacys 2020 post-retirement benefit expense that will be included in net income.

Postretirement benefit expense $enter Postretirement benefit expense in dollars

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