Electronic Distribution has a defined benefit pension plan. Characteristics of the plan during 2021 ore as follows PDO balance, January 1 plant balance, January 1 Bevies cont Interest cost Gain from change in actuarial asumption Denetits paid Actual return on planets Contributions 2021 15 millon $590 250 80 60 26 (58) 21 70 The expected long-term rate of return on plan assets was 10%. There were no AOCI balonces related to pensions on January 1, 2021, but at the end of 2021, the company amended the pension formulo, creating a prior service cost of $15 million (Enter your answers in millions (e., 10,000,000 should be entered as 10).) Required: 1. Calculate the pension expense for 2021. 2. 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 2021 3. What amount will Electronic Distribution report in its 2021 balance sheet as a net pension asset or net pension liability? Complete this question by entering your answers in the tabs below. Required: Required 2 Required Calculate the pension expense for 2021. (Enter your answer in millions (les 10,000,000 should be entered as 10) Pension expanse million