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Larkspur Inc. provides the following Information related to its postretirement benefits for the year 2017. Accumulated postretirement benefit obligation at January 1, 2017 $725,900 Actual and expected
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Larkspur Inc. provides the following Information related to its postretirement benefits for the year 2017.

Accumulated postretirement benefit obligation at January 1, 2017 $725,900
Actual and expected return on plan assets 31,000
Prior service cost amortization 20,300
Discount rate 9%
Service cost 87,400
Compute postretirement benefit expense for 2017.

User Rushdi Shams
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Answer:7

The post retirement benefit expense for 2017 is = $142,031

Step-by-step explanation:

The explanation is shown on the first uploaded image

Larkspur Inc. provides the following Information related to its postretirement benefits-example-1
User Amir Bax
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