Windsor Co. provides the following information about its postretirement benefit plan for the year 2017.Service cost$44,900Contribution to the plan9,800Actual and expected return on plan assets11,300Benefits paid20,800Plan assets at January 1, 2017120,800Accumulated postretirement benefit obligation at January 1, 2017311,100 Discount rate8%.Prepare a worksheet inserting January 1, 2017, balances, and showing December 31, 2017, balances.
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