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Help Save & Exit Submit Oberon Company provides postretirement health care benefits to employees who provide at least 10 years of service and reach the

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Help Save & Exit Submit Oberon Company provides postretirement health care benefits to employees who provide at least 10 years of service and reach the age of 65 while in service. On January 1 of the current year, the following plan-related data were available. Het loss-postretirement benefit plan APDO balance Fair value of plan assets Average remaining service period to retirement Average remaining service period to full eligibility $ 10,770,000 $104,500,000 none 20 years 15 years On January 1 of the current year, Oberon amended the plan to provide dental benefits. The actuary determines that the cost of making the amendment increases the APBO by $10,800,000. Management chooses to amortize this amount on a straight-line basis. The service cost is $65,000,000. The appropriate interest rate is 10% Required: Calculate the postretirement benefit expense for the current year (Round your answers to the nearest thousands of dollars.) ($ in thousands) Return on plan assets 0 Postretirement benefit expense 0 w W MacBook Pro Help Save & Exit Submit Oberon Company provides postretirement health care benefits to employees who provide at least 10 years of service and reach the age of 65 while in service. On January 1 of the current year, the following plan-related data were available. Het loss-postretirement benefit plan APDO balance Fair value of plan assets Average remaining service period to retirement Average remaining service period to full eligibility $ 10,770,000 $104,500,000 none 20 years 15 years On January 1 of the current year, Oberon amended the plan to provide dental benefits. The actuary determines that the cost of making the amendment increases the APBO by $10,800,000. Management chooses to amortize this amount on a straight-line basis. The service cost is $65,000,000. The appropriate interest rate is 10% Required: Calculate the postretirement benefit expense for the current year (Round your answers to the nearest thousands of dollars.) ($ in thousands) Return on plan assets 0 Postretirement benefit expense 0 w W MacBook Pro

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