Exercise 17-19 Record pension expense, funding, and gains and losses; determine account balances [LO17-6, 17-7, 17-8] Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2018 (the end of Beale's fiscal year), the following pension-related data were available: Projected Benefit Obligation Balance, January 1, 2018 Service cost Interest cost, discount rate, 5% Gain due to changes in actuarial assumptions in 2018 Pension benefits paid Balance, December 31, 2018 ($ in millions) Plan Assets Balance, January 1, 2018 Actual return on plan assets (Expected return on plan assets, $45 Cash contributions Pension benefits paid Balance, December 31, 2018 January 1, 2018, balance Destion et Prior service cost-AOC! (amortization 58 per year) Net tin-Alanymortization over 10 years) Required: 1. to 3. Prepare the 2018 journal entry to record pension expense to record any 2018 gains and losses and the contribution to plan assets and benefit payments to retirees 4. Determine the balances at December 31 2018, in the PBO plan assets, the net gon-AOCI, and prior service cost-AOCI Hint You 562e Balance, January 1, 2018 Service cost Interest cost, discount rate, 5% Gain due to changes in actuarial assumptions in 2018 Pension benefits paid Balance, December 31, 2018 (15) 5 669 11110 plan Assets Balance, January 1, 2018 Actual return on plan assets (Expected return on plan assets. $45) Cash contributions Pension benefits paid Balance, December 31, 2018