Exercise 20-21 Sunland Inc. provides the following information related to its postretirement benefits for the year 2017. Accumulated postretirement benefit obligation at January 1, 2017 $683,700 Actual and expected return on plan assets 37,300 Prior service cost amortization 23,000 Discount rate 9 % Service cost 85,500 Compute postretirement benefit expense for 2017.

Postretirement benefit expense $