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Electronic Distribution has a defined benefit pension plan. Characteristics of the plan during 2024 are as follows: The expected long-term rate of return on plan

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Electronic Distribution has a defined benefit pension plan. Characteristics of the plan during 2024 are as follows: The expected long-term rate of return on plan assets was 8%. There were no AOCl balances related to pensions on January 1,2024 , but at the end of 2024, the company amended the pension formula, creating a prior service cost of $12 million. Assume Electronic Distribution prepares its financial statements according to International Financial Reporting Standards (IFRS). Also assume that 10% is the current interest rate on high-quality corporate bonds. Complete this question by entering your answers in the tabs below. Calculate the net pension cost for 2024 , separating its components into appropriate categories for reporting. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (i.e. 10,000,000 should be entered as 10 )

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