Question: Please help!! It will be much appreciated! I will give a thumbs up for the correct answer Tsal-Ming Company has a postretirement health care benefit



Tsal-Ming Company has a postretirement health care benefit plan. On January 1,2024, the following planrelated data were avallable: 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. Complete this question by entering your answers in the tabs below. 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. Complete this question by entering your answers in the tabs below. Determine the net loss or gain as of December 31, 2024. Note: Enter your answer in thousands (i.e., 10,000 should be entered as 10). 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. Complete this question by entering your answers in the tabs below. Calculate any amortization of the net loss that should be included as a component of postretirement benefit expense for 2024. Note: Enter your answers in thousands (1.e., 10,000 should be entered as 10). 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. Complete this question by entering your answers in the tabs below. 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? Note: Enter your answer in thousands (1.e., 10,000 should be entered as 10)
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