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1. The EPBO for Branch Industries at the end of 2011 was determined by the actuary to be $20,000 as it relates to employee Will Lawson. Lawson was hired at the beginning of 1997. He will be fully eligible to retire with health care benefits in 15 years but is expected to retire in 25 years. What is the APBO as it relates to Will Lawson? 

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