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Multiple Choice Question 97 The following facts relate to the Ivanhoe Co. postretirement benefits plan...

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Accounting

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

 $449000.

$520100.

$403100.

$260000.

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