Beale Management has a noncontributory defined benefit pension plan. On December 31, 2021(the end of Beale's fiscal year), the following pension-related data were available: Projected Benefit obligation Balance, January 1, 2021 {$ in lions) Survice cost $480 82 Interest cost, discount rate, SX 24 Gain due to changes in actuarial assumptions in 2021 Pension benefits paid (10) (40) Balance, December 31, 2021 3336 Plan Assets Balance, January 1, 2023 Actual return on plan assets (Expected reture on plan assets, 545) Cash contributions Pension benefits and Balance, December 31, 2021 (5 in millions) $ 500 40 70 (30) January 1, 2021. balance Pensions Prior service cost-AOC (etirations per year) Met gain AOC (ory amortization over 15 years) (5 in millions) 520 48 BO Required: 1. to 3. Prepare the 2021 joutral entries to record pension expense to record any 2021 gains and losses and the contribution to plan assets and benefit payments to retirees 4. Determine the balances at December 31, 2021 in the P90, plan assets, the net gain - AOC and prior service cost-AOCI Hint You might find accounts useful 5. What amount will Beste report in its 2021 balance sheet as a net pension asset or net pension liability for the funded status of the plant Req 1 to 3 Req4 Req 5 Prepare the 2021 journal entries to record pension expense, to record any 2021 gains and losses benefit payments to retirees. (If no entry is required for a transaction/event, select "No journal e Enter your answers in millions. (.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet w