Business
Business, 04.08.2021 21:20, ashleymspears

A company's postretirement health care benefit plan had an APBO of $225,000 on January 1, 2021. During 2021, retiree benefits paid were $36,000. The discount rate for the plan for this year was 10%. Service cost for 2021 was $76,000. Plan assets (fair value) increased during the year by $38,600. The amount of the APBO at December 31, 2021, was:

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A company's postretirement health care benefit plan had an APBO of $225,000 on January 1, 2021. Duri...

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