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Multiple Choice Question 97
The following facts relate to the Ivanhoe Co. postretirement benefits plan for 2018:
| Service cost | | $ | 260000 |
| Discount rate | | | 9% |
| APBO, January 1, 2018 | | $ | 1590000 |
| EPBO, January 1, 2018 | | $ | 2100000 |
| Benefit payments to employees | | $ | 117000 |
The amount of postretirement expense for 2018 is
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