Exercise 17-20 (Algo) Pension spreadsheet [LO17-8] 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: Projected Benefit Obligation ($ in millions) Balance, January 1, 2024 $ 420 Service cost 44 Interest cost, discount rate, 5% 21 Gain due to changes in actuarial assumptions in 2024 (12) Pension benefits paid (21) Balance, December 31, 2024 $ 452 Plan Assets ($ in millions) Balance, January 1, 2024 $ 460 Actual return on plan assets 31 (Expected return on plan assets, $36) Cash contributions 72 Pension benefits paid (21) Balance, December 31, 2024 $ 542 January 1, 2024, balances: ($ in millions) Pension asset $ 40 Prior service costAOCI (amortization $5 per year) 35 Net gainAOCI (any amortization over 10 years) 86 Required: Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset. Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).