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 $6 million per year. At the end of 2018, the pension formula was amended again, creating an additional prior service cost of $40 million. The expected rate of return on assets and the actuary's discount rate were 10%, and the average remaining service life of the active employee group is 10 years. Required: 1. Fill in the missing amounts. 2. to 4. Prepare all the necessary journal entries for 2018. Reg 1 Req 2 to 4 Fill in the missing amounts. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Enter credit amounts with a minus sign and debit amounts with a positive sign.) ( )s indicate credits; debits otherwise ($ in millions) Pension Expense Cash Prior PBO Plan Service Net Loss Assets Cost- AOCI AOCI (970) 870 25 107 (98) 0 lo 0 (97) 0 0 0 Net Pension (Liability) I Asset (100) (98) (97) 0 lo 98 0 970 Balance, Jan. 1, 2018 Service cost Interest cost Expected return on assets Adjust for: Loss on assets Amortization of 0 870 0 (87) 0 87 0 0 10 10 10 0 (6) 0 60 0 (6) ooool 0 0 10 0 0 OOOOOOOOOOOO Prior service cost 0 (6) 0 0 0 60 (1) X 0 0 0 0 (1) 270 0 (27) 0 (40) 0 0 Net loss Loss on PBO Prior service cost Cash funding Retiree benefits Bal., Dec. 31, 2018 (27) (40) 92 0 lo (116) > 84 x 0 (168) > 0 805 0 0 0 0 168 X (1,064) 59 139 113 (189) Req 1 Req 2 to 4 > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 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).) No Event Credit 1 1 Debit 115 87 General Journal Pension expense Plan assets PBO Amortization of prior service cost-OCI Amortization of net lossOCI 195 6 1 2 2 Loss-OCI 9 X Plan assets 9 X 3 Loss-OCI Prior service cost-OCI PBO 19 X 40 59 X 4 4 84 % Plan assets Cash 84 X 5 5 168 X PBO Plan assets 168 X