Data pertaining to the postretirement health care benefit plan of Danielson Delivery Service include the following for the current calendar year:

Service cost	$	142,000
APBO, January 1	$	720,000
Plan assets (fair value), January 1	$	72,000
Prior service cost (current year amortization,$2,000)	$	82,000
Retiree benefits paid (end of year)	$	82,000
Net gain (current year amortization, $1,000)	$	84,000
Contribution to health care fund (end of year)	$	77,000
Return on plan assets (actual and expected)		10	%
Discount rate		8	%

Required: 1. Determine Danielson's postretirement benefit expense for the current year. 2. Prepare the journal entries to record the benefit expense and funding for the current year.