The following information is related to the postretirement benefits plan of Cullumber, Inc. for 2021:

Service cost		$ 294,000
Discount rate		7%
APBO, January 1, 2021		2,390,000
EPBO, January 1, 2021		2,540,000
Actual return on plan assets in 2021		115,200
Expected return on plan assets in 2021		105,400
Amortization of PSC, due to benefit increase		121,200
Contributions (funding)		414,000
Benefit payments		222,000

(a)

Compute the amount of postretirement expense for 2021.

Amount of postretirement expense for 2021

$