Exercise $17-19($Algo$)$ Record pension expense, funding, and gains and losses; financial statement effects $[$L$017-6,17-7,17-8]$

Beale Management has a noncontributory, defined benefit pension plan. On December $31,2024($the end of Beale's fiscal year$),$ the following pension$-$related data were available:

$\backslash$table$[[$Projected Benefit $0$bligation,$($$ in millions$)],[$Balance$,$ January $1,2024,600],[$Service cost$,62],[$Interest cost$,$ discount rate, $5\%,(14)$