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Calculate bluebird company''s postretirement benefit expense

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Bluebird Company has an accumulated postretirement benefit obligation (prior service cost) of $500,000 at the beginning of the year, and the average remaining service life of its employees is 20 years. The service cost for the year is $5,000. Bluebird uses a discount rate of 8%. Given this information, calculate Bluebird Company's postretirement benefit expense for the current year 

Reference no: EM13867442

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