Lender 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 calendar year, the following plan$-$related data were available.

APBO balance $ $159,000,000$

Fair value of plan assets none

Average remaining service period to retirement $25$ years

Average remaining service period to full eligibility $20$ years

On January $1$ of the current year, Lender amends the plan to provide dental benefits. The actuary determines that the cost of making the amendment increases the APBO by $$29,000,000.$ Management chooses to amortize this amount on a straight$-$line basis. The service cost is $$49,000,000.$ The appropriate interest rate is $10\%.$

Required:

Calculate the postretirement benefit expense for the current year.