7.

Required information [The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2024 : Prior service cost at January 1, 2024, from plan amendment at the beginning of 2022 (amortization: $6 million per year) Net loss-pensions at January 1, 2024 (previous losses exceeded previous gains) $64 million Average remaining service life of the active employee group 10 years Actuary's discount rate (\$ in millions) Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2025 (\$ in milions) Using T-accounts, determine the balances at December 31, 2025, in the net loss-AOCl and prior service cost-AOCl. ote: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). 6. Using T-accounts, determine the balances at December 31,2025 , in the net loss-AOCl and prior service cost-AOCl. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Required information [The following information applies to the questions displayed below.] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2024 : Prior service cost at January 1, 2024, from plan amendment at the beginning of 2022 (amortization: $6 million per year) Net loss-pensions at January 1, 2024 (previous losses exceeded previous gains) $64 million Average remaining service life of the active employee group 10 years Actuary's discount rate (\$ in millions) Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2025 (\$ in milions) Using T-accounts, determine the balances at December 31, 2025, in the net loss-AOCl and prior service cost-AOCl. ote: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). 6. Using T-accounts, determine the balances at December 31,2025 , in the net loss-AOCl and prior service cost-AOCl. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5)