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Actuary and trustee reports indicate the folowing changes in the PEO and plan assets of Lakeside Cable during 2 0 2 4 : Required: Determine

Actuary and trustee reports indicate the folowing changes in the PEO and plan assets of Lakeside Cable during 2024:
Required:
Determine Lakeside's pension expense for 2024, and prepare the appropriate joumal entries to record the expense as well as the cash contrbution to plan assets and payment of
benefits to retires.
Determine the new gains and/or losses in 2024 and prepare the appropriate journal entry(s) to record them.
Prepare a pension spreadsheet to assist you in determining end of 2024 balances in the PBO, plan assets, prior service cost-AOCL, the net loss-AOCL, and the pension labilty
Assume the folowing actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2025($ in milions)
Determine Lakeside's pension expense for 2025, and prepare the appropriate joumal entries to record the expense, the cash funding of plan assets, and payment of benefits to
retrees.
Determine the new gains and/or losses in 2025, and prepare the appropriate journal entry(s) to record them.
Using T-accounts, determine the balances at December 31,2025, in the net loss-A0Cl and prior service cost-A0Cl.
Confirm the balances determined in requirement 6 by preparing a pension spreadsheet.
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