A partially completed pension spreadsheet showing the relationships among the elements that constitute Carney, Inc., defined benefit pension plan follows. Six years earlier, Carney revised its pension formula and recalculated benefits earned by employees in prior years using the more generous formula. The prior service cost created by the recalculation is being amortized at the rate of $5 million per year. At the end of 2018, the pension formula was amended again, creating an additional prior service cost of $40 million. The expected rate of return on assets and the actuary's discount rate were 10%, and the average remaining service life of the active employee group is 10 years. Required: 1. Fill in the missing amounts. 2. to 4. Prepare all the necessary journal entries for 2018. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 4 Fill in the missing amounts. (Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (i.c., 10,000,000 should be entered as 10).) ( )s indicate credits; debits otherwise Prior Net Pension Pension Net Loss- PBO ($ in millions) Plan Assets Service Cash (Liability) Cost-AOCI AOCI Expense Asset Balance, Jan. 1, 2018 (830) 680 20 93 (150) Service cost 74 Interest cost Expected return on assets Adjust for: Loss on assets (7) Amortization of Prior service cost Net loss Loss on PBO (13) Prior service cost Cash funding 84 Retiree benefits Bal., Dec 31, 2018 775 A partially completed pension spreadsheet showing the relationships among the elements that constitute Carney, Inc., defined benefit pension plan follows. Six years earlier, Carney revised its pension formula and recalculated benefits earned by employees in prior years using the more generous formula. The prior service cost created by the recalculation is being amortized at the rate of $5 million per year. At the end of 2018, the pension formula was amended again, creating an additional prior service cost of $40 million. The expected rate of return on assets and the actuary's discount rate were 10%, and the average remaining service life of the active employee group is 10 years. Required: 1. Fill in the missing amounts. 2. to 4. Prepare all the necessary journal entries for 2018. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 4 Prepare all the necessary journal entries for 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet Record pension expense. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general Journal A partially completed pension spreadsheet showing the relationships among the elements that constitute Carney, Inc., defined benefit pension plan follows. Six years earlier, Carney revised its pension formula and recalculated benefits earned by employees in prior years using the more generous formula. The prior service cost created by the recalculation is being amortized at the rate of $5 million per year. At the end of 2018, the pension formula was amended again, creating an additional prior service cost of $40 million. The expected rate of return on assets and the actuary's discount rate were 10%, and the average remaining service life of the active employee group is 10 years. Required: 1. Fill in the missing amounts. 2. to 4. Prepare all the necessary journal entries for 2018. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 4 Fill in the missing amounts. (Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (i.c., 10,000,000 should be entered as 10).) ( )s indicate credits; debits otherwise Prior Net Pension Pension Net Loss- PBO ($ in millions) Plan Assets Service Cash (Liability) Cost-AOCI AOCI Expense Asset Balance, Jan. 1, 2018 (830) 680 20 93 (150) Service cost 74 Interest cost Expected return on assets Adjust for: Loss on assets (7) Amortization of Prior service cost Net loss Loss on PBO (13) Prior service cost Cash funding 84 Retiree benefits Bal., Dec 31, 2018 775 A partially completed pension spreadsheet showing the relationships among the elements that constitute Carney, Inc., defined benefit pension plan follows. Six years earlier, Carney revised its pension formula and recalculated benefits earned by employees in prior years using the more generous formula. The prior service cost created by the recalculation is being amortized at the rate of $5 million per year. At the end of 2018, the pension formula was amended again, creating an additional prior service cost of $40 million. The expected rate of return on assets and the actuary's discount rate were 10%, and the average remaining service life of the active employee group is 10 years. Required: 1. Fill in the missing amounts. 2. to 4. Prepare all the necessary journal entries for 2018. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 4 Prepare all the necessary journal entries for 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet Record pension expense. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general Journal