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Hi guys, I need some help with these question. I almost got it but i still do not know why I get the wrong number.

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Hi guys, I need some help with these question. I almost got it but i still do not know why I get the wrong number. Can you please help me to explain why? Thank you so much.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
To focus on the core issues, we ignored the income tax effects of the pension amounts. Reproduced below are thejournal entries that Global Communications used to record its pension expense and funding in 2021 and the new gain and loss that occurred that year. (5 in millions) To Record Pension Expense Pension expense (total) 51 Plan assets (expected return on plan assets) 33 PEG [$49 service cost + $36 interest cost] ?9 Amortization of prior service cost0C1 (2621 amortization) Amortization of net loss0C1 (2621 amortization] 2 W To Record Funding Plan assets 56 Cash (contribution to plan assets) 55 To Record Payment of Benefits P30 50 Plan assets (retiree benefits) 56 To Record Gains and Losses LossDCI (from change in assumption) 31 PBCI 31 Plan assets 5 GainDCI (from actual return exceeding expected return] 5 i Requiredl E Requiredl Recast these journal entries to include the income tax effects of the events being recorded. Assume that Global's tax rate is 25%. [Hint Costs are incurred and recognized for nancial reporting purposes now, but the tax impact comes much later when these amounts are deducted for tax purposes as actual payments for retiree benets occur in the future. As a result, the tax eFfects are deferred, creating the need to record deferred tax assets and deferred tax liabilities. (If no entry is required for a transactionfevent, select "No journal entry required" in the rst account eld. Enter your answers in millions rounded to 2 decimal places {i.e., 5,500,000 should he entered as 5.50).) Show less' Defened ta): asset Pension expense Plan assets PEIO Amortization of prior service costOCI Income tax expense \fRequide E Required2 Prepare a statement of comprehensive income for 2021, assuming Global's only other sources of comprehensive income were net income of $420 million and a $45 million unrealized holding gain on investments in securities available for sale. {Enter your answers in millions rounded to 2 decimal places {i.e., 5501251100 should be entered as 5.50).} Other comprehensive income: __ Net unrealized holding gain on investments 0 H. 33.?5 a _ Loss on pensionsPHD estimate 23.25 a Gain on pensionsreturn on plan assets Amortization of odor service cost 1.?5 Amortization of net loss Comprehensive income

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