I need help figuring out how to calculate pension plans and pension expenses. See attached worksheet

Module 9 ProblemSolution Assignment: Problem 1 The following information relates to Billy Bob's Donuts defined benefit pension plan during the current reporting year (All the amounts are in millions): Plan Assets at the beginning of the year $350 Expected Return on Plan Assets 45 Actual return on plan assets 38 Cash Contributions 65 Amortization of net loss 7 Retiree Benefits 8 Requirements: 1 Determine the amount of pension plan assets at the fair value on Dec 31. Problem 2 Pension data for the Cookie Monster Company included the following for the current calendar year: Service Cost $115,000 PBO, Jan 1 755,000 Plan Assets, Jan 1 810,000 Amortization of prior service cost 7,000 Amortization of net loss 3,000 Discount Rate= 9% Actual return on Assets=10% Expected Return on Plan assets=9% Requirements: 2 Determine the amount of pension expense