Electronic Distribution has a defined benefit pension plan. Characteristics of the plan during $2024$ are as follows:

$($$ millions$)$

PBO balance, January $1$ $$630$

Plan assets balance, January $1450$

Service cost $100$

Interest cost $80$

Gain from change in actuarial assumption $34$

Benefits paid $(66)$

Actual return on plan assets $28$

Contributions $202490$

The expected long$-$term rate of return on plan assets was $8\%.$ There were no AOCI 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 $$19$ million.

Required:

Calculate the pension expense for $2024.$

Prepare the journal entries to record $($a$)$ pension expense, $($b$)$ gains or losses, $($c$)$ prior service cost, $($d$)$ funding, and $($e$)$ payment of benefits for $2024.$

What amount will Electronic Distribution report in its $2024$ balance sheet as a net pension asset or net pension liability?