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The estimated medical costs are expected to be $11,500 during an employee's retirement. The retiree...

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Accounting

The estimated medical costs are expected to be $11,500 during an employee's retirement. The retiree is expected to pay 20% of the cost and Medicare is expected to pay 40% of the cost. What is the company's estimated net cost of benefits?

$4,600.

$11,500.

$6,900.

$9,200.

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