Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2018 (the end of Beale's fiscal year), the following pension-related data were available:

Projected Benefit Obligation	($ in millions)
Balance, January 1, 2018	$	480
Service cost		82
Interest cost, discount rate, 5%		24
Gain due to changes in actuarial assumptions in 2018		(10	)
Pension benefits paid		(40	)
Balance, December 31, 2018	$	536

Plan Assets	($ in millions)
Balance, January 1, 2018	$	500
Actual return on plan assets		40
(Expected return on plan assets, $45)
Cash contributions		70
Pension benefits paid		(40	)
Balance, December 31, 2018	$	570

January 1, 2018, balances:	($ in millions)
Pension asset	$	20
Prior service costAOCI (amortization $8 per year)		48
Net gainAOCI (any amortization over 15 years)		80

1, Journal entry (or entries) to record all pension effects for 2018.

2, Ending balance in Plan assets:

3, Ending balance in PBO:

4, Ending Funded status (i.e., balance in Pension Asset/ Liability):