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Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for 2018: ($ in 0003) $ 134 600 110 none
Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for 2018: ($ in 0003) $ 134 600 110 none 99 Service cost Accumulated postretirement benefit obligation, January 1 Plan assets (fair value), January 1 Prior service cost-AOCI Net gain-AOCI (2018 amortization, $1) Retiree benefits paid (end of year) Contribution to health care benefit fund (end of year) Discount rate, 74 Return on plan assets (actual and expected), 104 30 points 87 195 8 02:28:00 Required: 1. Determine the postretirement benefit expense for 2018. 2. Prepare the appropriate journal entries to record the postretirement benefit expense, funding, and retiree benefits for 2018. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the postretirement benefit expense for 2018. (Amounts to be deducted should be indicated with a minus sign.) ($ in 000s) Postretirement benefit expense Required 1 Required 2 >
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