Lacy Construction has a noncontributory, defined benefit pension plan, At December 31, 2021, Locy received the following information: Projected Benefit Obligation is in millions) Balance, January 1 $ 600 Service cost 62 Prior service cost 14 Interest cost(5.01) 30 Benefits paid (42) Balance, December 31 $ 664 plan Asseto Balance, January 1 Actual return on plan assets Contributions 2021 Benefits paid Balance, December 31 (in million) $250 28 62 $ 298 The expected long-term rate of return oh plan assets was 10%. There were no AOCI balances related to pensions on January 1, 2021, At the end of 2021, Lacy amended the pension formula creating a prlor service cost of $14 million Required: 1. Determine Lacy's pension expense for 2021. 2. 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 2021 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry(s) to record Lacy's (a) pension expense, (b) gains or losses, (c) prior service cost, (d) funding, and (e)