Data Pertaining to the Postretirement Health Care Benefit Plan of Danielson

Data pertaining to the postretirement health care benefit plan of Danielson Delivery Service include the following for the current calendar year.
Required:
1) Determine Danielson's postretirement benefit expense for the current year.
2) Prepare the journal entries to record the benefit expense and funding for the current year.
$$\begin{array} { l r } \text { Service cost } & \$ 150,000 \\\text { APBO, January 1 } & \$ 800,000 \\\text { Plan assets (fair value), January 1 } & \$ 80,000 \\\text { Prior service cost (current year amortization, } & \\\$ 2,000 \text { ) } & \$ 90,000 \\\text { Retiree benefits paid (end of year) } & \$ 90,000 \\\text { Net gain (current year amortization, } \$ 1,000 ) & \$ 92,000 \\\text { Contribution to health care fund (end of year) } & \$ 85,000 \\\text { Return on plan assets (actual and expected) } & 10 \% \\\text { Discount rate } & 8 \%\end{array}$$