Apply Summative Assessment (due Day 710 2 $1.21 Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2021 Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2018 (amortization: $5 million per year) Net loss-ACT at Jan.1, 2021 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate. (5 in 1111ons) Beginning of 2021 Plan Assots Beginning of 2021 $35 million $120 11110 10 years PRO $600 $400 Service cost 46 Return on plan assetsy ax (10% expected) 32 Interest cost, 7% 42 Lots (gain) on PBO (18) Cash contributions 94 Less: Retiree benefits 128 Less Retiree benefits (28) End of 2021 5642 End of 2021 5496 Required: 1-a Determine Douglas-Roberts's pension expense for 2021 1-b. 2 to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses to record the cash contribution to plan assets and to record retiree benefits Complete this question by entering your answers in the tabs below.