... year ended June 30, 2005, the University recorded expenses of $18,654,000 for leased equipment and $11,000,000 for leased building space. During the year ended June 30, 2004, the University ... Investments. The University is billed for its share of the estimated actuarial cost of the defined benefit plans ($4,642,000 and $1,994,000 for the years ended June 30, 2005 and 2004, respectively). The ... Medicare. The University incurred a $ 130,4 20,000 reduction in the accumulated benefit obligation related to this subsidy at June 30, 2005. The subsidy had no effect on the measurement of the net...