Exercise 20-19 Bridgeport Co. provides the following information about its postretirement benefit plan for the year 2017. Service cost $ 45,900 Contribution to the plan 10,400 Actual and expected return on plan assets 11,500 Benefits paid 20,300 Plan assets at January 1, 2017 100,000 Accumulated postretirement benefit obligation at January 1, 2017 323,400 Discount rate 8 % Compute the postretirement benefit expense for 2017.

Postretirement benefit expense $