Refer to the information in E19-17.

Instructions
(a) Complete a post-retirement work sheet for 2013.
(b) Prepare all required journal entries related to the plan made by Opsco in 2013.

Data From E19-17:

Opsco Corp. provides the following information about its post-retirement health care benefit plan for the year 2013:

Current service cost                                                                  $ 202,500
Contribution to the plan                                                                 47,250
Actual return on plan assets                                                         141,750
Benefits paid                                                                                   90,000
Plan assets at Jan. 1, 2013                                                        1,597,500
Defined post-retirement benefit obligation at Jan. 1, 2013      1,822,500
Discount rate and expected rate of return on plan assets                   9%

Opsco follows IFRS.

Instructions
Calculate the post-retirement benefit expense for 2013, and prepare all required journal entries related to the post-retirement benefit plan that were made by Opsco in 2013.