Exercise 20-23 Marin Co. provides the following information about its postretirement benefit plan for the year 2017. Service cost $92,500 Prior service cost amortization 3,300 Contribution to the plan 50,500 Actual and expected return on plan assets 60,500 Benefits paid 37,700 Plan assets at January 1, 2017 715,700 Accumulated postretirement benefit obligation at January 1, 2017 775,100 Accumulated OCI (PSC) at January 1, 2017 107,100 Dr. Discount rate 9 % Prepare a worksheet inserting January 1, 2017, balances, showing December 31, 2017, balances, and the journal entry recording postretirement benefit expense. (Enter all amounts as positive.) MARIN CO. Postretirement Benefit Worksheet2017 General Journal Entries Memo Record Items Annual Postretirement Expense Cash OCIPrior Service Cost Postretirement Asset/ Liability APBO Plan Assets Balance, Jan. 1, 2017 $ $ $ $ $ $ Service cost Interest cost Actual return Contributions Benefits Amortization of PSC Journal entry for 2017 $ $ Accumulated OCI, Dec. 31, 2016 Balance, Dec. 31, 2017 $ $ $ $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER