JDS Shipyard's projected benefit obligation, accumulated benefit obligation, and plan assets were $$70$ million, $$60$ million, and $$47$

million, respectively, at the end of the year.

Required:

a$.$ What, if any, pension liability or pension asset must be reported in the balance sheet?

b$.$ What, if any, pension liability or pension asset must be reported in the balance sheet if the plan assets were $$89$ million instead?

Note: For all requirements, enter your answer in millions $($i$.$e$.,10,000,000$ should be entered as $10).$