The EPBO for Branch Industries at the end of 2018 was determined by the actuary to be $20,000 as it relates toemployee Will Lawson. Lawson was hired at the beginning of 2004. He will be fully eligible to retire with health carebenefits after 15 more years but is expected to retire in 25 years. What is the APBO as it relates to Will Lawson?

Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
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The EPBO for Branch Industries at the end of 2018 was determined by the actuary to be $20,000 as it relates to
employee Will Lawson. Lawson was hired at the beginning of 2004. He will be fully eligible to retire with health care
benefits after 15 more years but is expected to retire in 25 years. What is the APBO as it relates to Will Lawson?

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