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Pronghorn Inc. provides the following information related to its postretirement benefits for the year 2020. Accumulated postretirement benefit obligation at January 1, 2020 $642,600 Actual

Pronghorn Inc. provides the following information related to its postretirement benefits for the year 2020.

Accumulated postretirement benefit obligation at January 1, 2020 $642,600
Actual and expected return on plan assets 36,100
Prior service cost amortization 20,100
Discount rate 9 %
Service cost 86,900

Compute postretirement benefit expense for 2020.

Postretirement benefit expense=

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