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Find the amount of postretirement expense for

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Reference no: EM132583399

The following facts relate to the postretirement benefits plan of Ivanhoe, Inc. for 2018:

Service cost $790000

Discount rate 8%

APBO, January 1, 2018 $4090000

EPBO, January 1, 2018 $4900000

Average remaining service to full eligibility 20 years

Average remaining service to expected retirement 25 years

Question 1: The amount of postretirement expense for 2018 is

a) $1182000.

b) $1117200.

c) $1321700.

d) $1280800.

Reference no: EM132583399

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