00 Line UVWY HITTITUIT ppies me quesuulis Uisplayeu veuw. Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2021: Part 7 of 7 Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2019 (amortization: $6 million per year) Net loss-pensions at Jan. 1, 2021 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $40 million $58 million 10 years 104 1.91 points ($ in millions) Plan Assets $200 eBook Beginning of 2021 Service cost Interest cost, 10% Loss (gain) on PBO Less: Retiree benefits End of 2021 PBO $380 Beginning of 2021 56 Return on plan assets, 38 9.0 (104 expected) (2) Cash contributions (42) Less: Retiree benefits $430 End of 2021 References 18 64 (42) $240 Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2022 ($ in millions) Plan Assets $240 Beginning of 2022 Service cost Interest cost, 10% Loss (gain) on PBO Less: Retiree benefits End of 2022 PBO $430 46 43 4 (24) $499 Beginning of 2022 Return on plan assets, 15% (10% expected) Cash contributions Less: Retiree benefits End of 2022 36 38 (24) $290 7. Prepare a pension spreadsheet to assist you in determining end of 2022 balances in the PBO, plan assets, prior service cost-AOCI, the net loss-AOCI, and the pension liability. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Enter credit amounts with a minus sign and debit amounts with a positive sign.) ($ in millions) PBO Plan Assets Prior Service Cost-AOCI Net Loss -AOCI Pension Expense Cash Net Pension (Liability) Asset Bal., Jan. 1, 2022 Service cost Interest cost, 10% % Expected return on assets Gain on assets Amortization of Prior service cost-AOCI - Net loss AOCI Loss on PBO Cash contributions Retiree benefits Bal. Dec 31, 2022