1. 10.00 points Problem 17-20 Postretirement benefits; relationship among elements of postretirement benefit plan [LO17-9, 17-10, 17-11)] The information below pertains to the retiree health care plan of Thompson Technologies: (S in 000s) 2016 2016 Beginning Ending Balances S475 Accumulated postretirement benefit obligation Plan assets 75 Funded status (450) 125 (51) (400) 112 Prior service cos-AOCI Net gain-AOC (50) Thompson began funding the plan in 2016 with a contribution of $128,000 to the benefit fund at the end of the year. Retirees were paid $53,000. The actuary's discount rate is 6%. There were no changes in actuarial estimates and assumptions. Required: 1. Determine the service cost for 2016. Service cost thousand 2. Determine the postretirement benefit expense for 2016. Postretirement benefit expense thousand 3. Determine the net postretirement benefit liability for 2016 Net postretirement benefit liability thousand