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Bridgeport Co. provides the following information about its postretirement benefit plan for the year 2017....

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Accounting

Bridgeport Co. provides the following information about its postretirement benefit plan for the year 2017. Service cost $ 45,500 Contribution to the plan 9,500 Actual and expected return on plan assets 11,900 Benefits paid 21,900 Plan assets at January 1, 2017 106,600 Accumulated postretirement benefit obligation at January 1, 2017 356,100 Discount rate 8 % Compute the postretirement benefit expense for 2017. Postretirement benefit expense

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