Unit 6 AS: Exercises and Problems (Connect) (i) Cohal Michael Company has a postretirement health care benefit phan. On January 1, 2021, the following plan-telated data wore avallable: 7 points. The rate of return on plan assets duing 2021 was 12%, although it was expected to be 11 . The actuary revised assumptions regarding the APBO at the end of the yeac, resulting in a $40,000 increase in the estimate of that obligation. Required: 1. Calculate any amontization of the net loss that should be included as a component of postretirement benefit expense for 2021 . 2. Assume the postretirement benefit expense for 2021, not including the amortization of the net loss component, is $213,000. What is the expense for the year? 3. Determine the net loss or gain as of December 31, 202t. Complete this question by entering your answers in the tabs below. Calculate any amortiation of the net loss that should be included as a component of postretirement beneft expense for 2021. (Enter your answers in thousands.)