Joe Smith works for East Company.....When he retires he will receive health care benefits from his employer.....

The present value of those benefits at the end of 2019 equal $10,842 (This is the EPBO)........He has now worked 10 years for the company, and needs to work 25 years (15 more) to qualify for the benefits.....His APBO at the end of 2019 is therefore 10,842 x (10/25)= 4336.8...

The discount rate used has been properly determined to be 6%......Joe worked for East Company in 2020.....What will be the APBO related to Joe, at the end of 2020?