Rosek Inc. provides the following information related to its post-retirement health-care benefits for the year 2023:

Rosek follows IFRS.

Instructions

a. Calculate the post-retirement benefit expense for 2023.

b. Calculate the post-retirement benefit remeasurement gain or loss—other comprehensive income for 2023.

c. Determine the December 31, 2023 balance of the plan assets, the defined post-retirement benefit obligation, and the plan surplus or deficit.

d. Determine the balance of the net post-retirement benefit liability/asset account on the December 31, 2023 SFP.

e. Reconcile the plan surplus or deficit with the amount reported on the SFP at December 31, 2023.

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Defined post-retirement benefit obligation at January 1, 2023 Plan assets, January 1, 2023 Actual return on plan assets, 2023 Discount rate Service cost, 2023 Plan funding during 2023 Payments from plan to retirees during 2023 Actuarial loss on defined post-retirement benefit obligation, 2023 (end of year) $110,000 42,000 3,000 10% 57,000 22,000 6,000 31,000