Journal entry 1. record annual pension 2. record the change in plan assets 3. record the change in PBO 4. record the cash contribution to plan assets 5. record the retiree benefits paid

Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2018: Prior service cost at Jan. 1, 2018, from plan amendment at the beginning of 2015 (amortization: $3 million per year) Net loss-AOCI at Jan.1, 2018 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate 15 million $108 million 10 years 4 8 ($ in millions) Plan Assets $760 Beginning of 2018 $560 Beginning of 2018 Service cost 66 Return on plan assets 28.0 104 (38) Lesss Retiree benefits 38) 5% (78 expected) 30.4 Interest cost, 4% Loss (gain) on PBO Less: Retiree benefits End of 2018 (17) Cash contributions $801.4 End of 2018 $654.0 Required: 1-a. Determine Douglas-Roberts' pension expense for 2018. 1.b, 2.to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2018 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. Complete this question by entering your answers in the tabs below