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Rosek Inc. provides the following information related to its post-retirement health-care benefits for the year...

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Accounting

Rosek Inc. provides the following information related to its post-retirement health-care benefits for the year 2023:
Defined post-retirement benefit obligation at January 1,2023
$110,000
Plan assets, January 1,2023
42,000
Actual return on plan assets, 2023
3,000
Discount rate
10%
Service cost, 2023
57,000
Plan funding during 2023
22,000
Payments from plan to retirees during 2023
6,000
Actuarial loss on defined post-retirement benefit obligation, 2023(end of year)
31,000
Rosek follows IFRS.
Instructions
Calculate the post-retirement benefit expense for 2023.
Calculate the post-retirement benefit remeasurement gain or lossother comprehensive income for 2023.
Determine the December 31,2023 balance of the plan assets, the defined post-retirement benefit obligation, and the plan surplus or deficit.
Determine the balance of the net post-retirement benefit liability/asset account on the December 31,2023 SFP.
Reconcile the plan surplus or deficit with the amount reported on the SFP at December 31,2023.

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