Beale Management has a noncontributory, defined benefit penslon plan. On December 31, 2018 (the end of Beale's fiscal year), the following penslon-related data were avallable: Projected Benefit obligation Balance, January 1, 2818 (S in millions) $ 740 Service cost 76 Interest cost, discount rate, 5 % 37 Gain due to changes in actuarial assumptions in 2018 Pension benefits paid (21) (37) $ 795 Balance, December 31, 2018 ($ in millions) Plan Assets Balance, January 1, 2818 Actual return on plan assets (Expected return on plan assets, $52) 760 47 Cash contributions 88 Pension benefits paid (37) $ 858 Balance, December 31, 2818 ($ in millions) January 1, 2018, balances: Pension asset 20 Prior service cost-AOCI (amortization $7 per year) 35 Net gain-AOCI (any amortization over 18 years) 116 Required: 1. to 3. Prepare the 2018 Journal entry to record pension expense, to record any 2018 galns and losses and the contribution to plan assets and benefit payments to retirees. 4. Determine the balances at December 31, 2018, in the PBO, plan assets, the net galn-AOCI, and prior service cost-AOCI [Hint: You might find T-accounts useful.] 5. What amount will Beale report In Its 2018 balance sheet as a net pension asset or net penslon llability for the funded status of the plan