Brief Exercise 17-11 (Algo) Net gain [LO17-6] The projected benefit obligation and plan assets were $200 million and $280 million, respectively, at the beginning of the year. Due primarily to favorable stock market performance in recent years, there also was a net gain of $74 million. On average, employees' remaining service life with the company is 10 years. As a result of the net gain, what was the increase or decrease in pension expense for the year? Note: Amounts to be deducted should be indicated with a minus sign. Enter your answer in millions (i.e., 10,000,000 should be entered as 10). Answer is not complete. Net gain Corridor amount Excess, if any Service period (years) Amortization of net gain decreases pension expense by EA ($ in millions) $ 74 74 10 7.40