21 10 points Skipped 9 65 21 Supplies & More, is a leading global provider of products, services, and solutions for workplaces. The following is an excerpt from a disclosure note in the company's annual report for the fiscal year ended December 31, 2017: NOTE 13. EMPLOYEE BENEFIT PLANS (in part) Pension Benefits (In millions) 2017 2016 Changes in projected benefit obligation: Obligation at beginning of period $1,260 $1,135 Service cost Interest cost 59 Actuarial (gain) loss 99 Benefits paid (108) (164) Obligation at end of period $1,384 $1,024 Change in plan assets: Fair value of plan assets at beginning of period $ 896 $ 999 Actual return (loss) on plan assets 148 110 Employer contribution 21 3 Benefits paid (108) (164) Fair value of plan assets at end of period 949 948 Net liability recognized at end of period $ (355) $ (76) eBook Print References *Expected return $69 and $75 in 2017 and 2016, respectively 1 Record pension expense. 2 Record gain or loss on PBO. 3 Record gain or loss on plan assets. Required: 1. What amount did Supplies & More report in its balance sheet related to the pension plan at December 31, 2017? 2. When calculating pension expense at December 31, what amount did Supplies & More Include In Its Income statement as the amortization of unrecognized net actuarlal loss (net loss-AOCI)? This AOCI account had a balance of $80 million at the beginning of the year and was the only AOCI account related to pensions. The average remaining service life of employees was 10 was years. 3. What was the pension expense? 4. What were the appropriate journal entries to record Supplies & More pension expense and to record gains and/or losses related to the pension plan? View transaction list Complete this question by entering your answers in the tabs below. Journal entry worksheet Reg 1 to 3 Reg 4 Record pension expense What amount did Supplies & More report in its balance sheet related to the pension plan at December 31, 2017? When calculating pension expense at December 31, what amount did Supplies & More include in its income statement as the amortization of unrecognized net actuarial loss (net loss-AOCI)? This AOCI account had a balance of $80 million at the beginning of the year and was the only AOCI account related to pensions. The average remaining service life of employees was 10 was years. What was the pension expense? (Leave no cell blank - be certain to enter "o" wherever required. Enter your answers in millions. (i.e., 10,000,000 should be entered as 10). Enter credit amounts with a minus sign and debit amounts with a positive sign.) Show less Note: Enter debits before credits. Event General Journal Debit Credit million million 2. Amortization 3. Pension expense million Record entry Clear entry View general journal