problem 21. Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for 2016: ($ in 000s) Service cost $124 Accumulated postretirement benefit obligation, January 1700 Plan assets (fair value), January 150 Prior service cost-AOCI none Net gain-AOCI (2016 amortization, $1) 91 Retiree benefits paid (end of year) 87 Contribution to health care benefit fund (end of year) 185 Discount rate, 7% Return on plan assets (actual and expected), 10% Required: 1. Determine the postretirement benefit expense for 2016. 2. Prepare the appropriate journal entries to record the postretirement benefit expense, funding, and retiree benefits for 2016