00 Exercise 17-16 Determine and record pension expense and gains and losses; funding and retiree benefits [LO17-6, 17-7] 1.53 points Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2018: Prior service cost at Jan. 1, 2018, from plan amendment at the beginning of 2015 (amortization: $6 million per year) Net 1033-AOCI at Jan. 1, 2018 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $ 18 million $102 million 10 years 33 ($ in millions) PBO Beginning of 2018 Service cost Plan Assets $ 500 20.0 Interest cost, 3 Loss (gain) on PBO Less: Retiree benefits End of 2018 $ 700 Beginning of 2018 60 Return on plan assets, 4$ (64 expected) 21.0 (14) Cash contributions Less: Retiree benefits $732.0 End of 2018 101 (35) $586.0 Required: 1-a. Determine Douglas-Roberts' pension expense for 2018. 1.b, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2018 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. Acconto buttantivol 00 Complete this question by entering your answers in the tabs below. 1.53 points Req 1A Reg 1B and 2 to 4 Prepare the appropriate journal entries to record the pension expense, to record any 2018 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in millions rounded to 1 decimal place i.e., 5,500,000 should be entered as 5.5).) Show less Credit No 1 Event 1 Debit 61.8 % 31.2 General Journal Pension expense Plan assets Amortization of net lossOCI Amortization of prior service cost-OCI PBO OC 6.0 X 6.0 81.0 2 Loss-OCI Plan assets 51.2 X 14.0 PBO GainOCI 14.0 4 101.0 Plan assets Cash 101.0 5 35.0 PBO Plan assets 35.0 Req 1A Req 18 and 2 to 4 > Complete this question by entering your answers in the tabs below. Req 1A Reg 18 and 2 to 4 Determine Douglas-Roberts' pension expense for 2018. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place i.e., 5,500,000 should be entered as 5.5).) Pension Expense Service cost Interest cost Actual return on assets Amortization of prior service cost Amortization of net loss 60.0 21.0 (312) 6.0 6.0 Pension expense $ 61.8