The following data are for Guava Company's retiree health care plan for the current calendar...
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Accounting
The following data are for Guava Company's retiree health care plan for the current calendar year.
Number of employees covered 5 Years employed as of January 1 4(each) Attribution period 20years EPBO, January 1$57,000 EPBO, December 31$62,700 Interest rate 10% Funding and plan assets None
What is the interest cost to be included in the current year's postretirement benefit expense?
Multiple Choice
$1,254.
$1,140.
$1,130.
$5,700.
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