Lacy Construction has a noncontributory, defined benefit pension plan. At December $31,2024,$ Lacy received the following information:

Projected Benefit Obligation $($$ in millions$)$

Balance, January $1$ $ $1,200$

Service cost $94$

Prior service cost $46$

Interest cost $(5\mathrm{.}0\%)60$

Benefits paid $(88)$

Balance, December $31$ $ $1,312$

Plan Assets $($$ in millions$)$

Balance, January $1$ $ $570$

Actual return on plan assets $58$

Contributions $202494$

Benefits paid $(88)$

Balance, December $31$ $ $634$

The expected long$-$term rate of return on plan assets was $10\%.$ There were no AOCI balances related to pensions on January $1,2024.$ At the end of $2024,$ Lacy amended the pension formula creating a prior service cost of $$46$ million.

Required:

Determine Lacy's pension expense for $2024.$

Prepare the journal entry$($s$)$ to record Lacy$$s $($a$)$ pension expense, $($b$)$ gains or losses, $($c$)$ prior service cost, $($d$)$ funding, and $($e$)$ payment of retiree benefits for $2024.$