Exercise 17-16 (Algo) Determine and record pension expense and gains and losses; funding and retiree benefits [LO17-6, 17-7] Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2021 201 Prior service cost at Jan. 1. 2021, from plan amendinent at the beginning of 2018 (amortization: $4 million per year) Net loss-AOCI at Jan. 1, 2021 (previous losses exceeded previous gaina) Average remaining service life of the active employee group Actuary's discount rate $28 million 500 million 10 years 73 $ In millions PDO Beginning of 2021 Service cont $400 Plan Assets 5600 Beginning of 2021 80 Return on plan assets, 84 (101 expected) 42 (14) Cash contributions (28) Less Retiree benefits $670 End of 2021 32 Interest cost, 71 Loss (gain) on PBO Less Retiree benefits End of 2021 90 (38) $484 es Required: 1-a. Determine Douglas Roberts's pension expense for 2021. 1.b, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 and 2 to 4 Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the ce contribution to plan assets and to record retiree benefits. (If no entry is required for a transaction/event, select "No journal required in the first account field. Enter your answers in millions (.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 1 2 3 4 5 Record the change in the PBO. Note: Enter debits before credits Event General Journal Debit Credit 3 15 Record entry Clear entry View general Journal