Tsai-Ming Company has a postretirement health care benefit plan. On January 1, 2024, the following plan related data were available:

The rate of return on plan assets during 2024 was 10%, although it was expected to be 9%. The actuary revised assumptions regarding the APBO at the end of the year, resulting in a $39,000 increase in the estimate of that obligation.

Required:
1. Calculate any amortization of the net loss that should be included as a component of postretirement benefit expense for 2024.
2. Assume the postretirement benefit expense for 2024, not including the amortization of the net loss component, is $212,000. What is the expense for the year?
3. Determine the net loss or gain as of December 31, 2024.

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Net loss-AOCI Accumulated postretirement benefit obligation Fair value of plan assets Average remaining service period to retirement ($ in thousands) $ 336 2,800 500 14 years (same in previous 10 years)