Li Co. is a publicly traded entity that sponsors both a pension plan and a postretirement plan providing other, nonpension benefits. The following information relates to the current year's activity of Li's defined benefit postretirement plan: Service cost $240,000 Return on plan assets 60,000 Interest cost on accumulated benefit obligation 80,000 Amortization of actuarial loss 20,000 Amortization of prior service cost 10,000 How much is Li's nonpension postretirement benefit cost