Brief Exercise 17-2 (Algo) Changes in the projected benefit obligation [LO17-3]

The projected benefit obligation was $360 million at the beginning of the year and $386 million at the end of the year. At the end of the year, pension benefits paid by the trustee were $16 million and there were no pension-related other comprehensive income accounts. The actuarys discount rate was 5%. What was the amount of the service cost for the year?