Problem - Blue Inc. provides the following information related to its postretirement benefits for the year 2017.
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Accumulated postretirement benefit obligation at January 1, 2017
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$762,200
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Actual and expected return on plan assets
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31,500
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Prior service cost amortization
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21,300
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Discount rate
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10%
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Service cost
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90,800
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Compute postretirement benefit expense for 2017.