Sage Co. provides the following information about its postretirement benefit plan for the year 2020.

Service cost $98,200

Prior service cost amortization 3,300

Contribution to the plan 55,700

Actual and expected return on plan assets 62,800

Benefits paid 36,200

Plan assets at January 1, 2020 723,300

Accumulated postretirement benefit obligation at January 1, 2020 764,200

Accumulated OCI (PSC) at January 1, 2020 107,900 Dr.

Discount rate 9 %

Compute the postretirement benefit expense for 2020.

Postretirement benefit expense = $