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 in millions Balance, January 1, 2021 5720 Service cost Interest cont, discount rate, 51 36 Gain due to changes in actuarial assumptions in 2021 (20) Pension benefits paid (36) Balance, December 31, 2021 74 bped $774 Book Hot $ in millions) $ 740 46 Plan Assets Balance, January 1, 2021 Mtual return on plan assets (Expected return on plan assets, $51) Cash contributions Pension benefits paid Balance, December 31, 2021 Print 87 (36) 5832 encos January 1, 2021, balance Pension asset Prior service cost-AOC (amortization 16 per year) Het gainMOCI (any amortisation over 10 years) is in million) 20 30 Required: 1. to 3. Prepare the 2021 journal 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 Peoplan assets, the net gain-AOCI, and prior service cost-AOCI/Hint You might find T-accounts useful 5. What amount will Beale report in its 2021 balance sheet as a net pension asset or net pension inbilty for the funded status of the plan