The Following Information Is Related to the Stone Co Instructions
(A) Compute the Amount of Postretirement Expense for 2015

The following information is related to the Stone Co. postretirement benefits plan for 2015: $\begin{array}{lr}\text { Service cost } & \$ 163,000 \\\text { Discount rate } & 10 \% \\\text { EPBO, January 1, 2015 } & 820,000 \\\text { APBO, January 1, 2015 } & 660,000 \\\text { Actual return on plan assets in } 2015 & 22,400 \\\text { Expected return on plan assets in } 2015 & 29,000 \\\text { Contributions (funding) } & 224,000\end{array}$
Instructions
(a) Compute the amount of postretirement expense for 2015. (Show computations.)(b) Prepare the journal entry to record postretirement expense and Stone's contributions for 2015.