E20-21B (Postretirement Benefit Expense Computation) Banc Six Corp. provides the following information related to its postretirement benefits for the year 2014. Accumulated postretirement benefit obligation at January 1, 2014 $1,195,000 Actual and expecte

E20-21B (Postretirement Benefit Expense Computation) Banc Six Corp. provides the following information related to its postretirement benefits for the year 2014.
Accumulated postretirement benefit obligation at January 1, 2014     $1,195,000
Actual and expected return on plan assets                                                         2,500
Prior service cost amortization                                                                          105,000
Discount rate                                                                                                                 8%
Service cost                                                                                                           121,000

Instructions
Compute postretirement benefit expense for 2014.