Hukle Company has provided the following information pertaining to its postretirement plan for 2014:
Service cost ................... $240,000
Benefit payment made at 12/31/14 ........... 110,000
Interest on accumulated postretirement benefit obligation .. 40,000
Prior service cost amortization ............. 10,000

Required:
Calculate Hukle Company’s 2014 net postretirement benefit cost.