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The following facts relate to the David Co. postretirement benefits plan for 2017: Service Cost P130,000 Discount rate 10% Expected PBO P1,200,000 Actual PBO P1,000,000

The following facts relate to the David Co. postretirement benefits plan for 2017: Service Cost P130,000 Discount rate 10% Expected PBO P1,200,000 Actual PBO P1,000,000 Actual return on plan assets P40,000 Expected return on plan assets P24,000

What is the amount of benefit expense for 2017?

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