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Need help with 4a and 4b. thank you This is all the informatjon given in the problem, please pass it onto someone else if you

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image text in transcribedNeed help with 4a and 4b. thank you
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This is all the informatjon given in the problem, please pass it onto someone else if you cant do it.
Required information [The following information applies to the questions displayed below.) Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2021: Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2019 (amortization: $5 million per year) Net loss-pensions at Jan. 1, 2021 (previous tosses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $35 million $50 million 10 years 98 ($ in millions) Plan Assets $150 Beginning of 2021 Service cost Interest cost, 99 Loss (gain) on PBO Less: Retiree benefits End of 2021 PBO $200 Beginning of 2021 90 Return on plan assets, 18 8.04 (18) expected) (2) Cash contributions (6) Less: Retiree benefits $300 End of 2021 12 44 $200 Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2022: ($ in millions) Plan Assets $200 PBO $300 41 27 4 (19) $353 Beginning of 2022 Service cost Interest cost, 94 LOSS (gain) on PBO Less: Retiree benefits End of 2022 30 Beginning of 2022 Return on plan assets, 156 (101 expected) Cash contributions Less: Retiree benefits End of 2022 (19) 3244 art 4 of 7 Plan Assets $200 Beginning of 2022 Service cost Interest cost, 9% Loss (gain) on PB0 Less: Retiree benefits End of 2022 PBO $300 Beginning of 2022 41 Return on plan assets, 27 154 (10% expected) 4 Cash contributions (19) Less: Retiree benefits $353 End of 2022 .69 Dints 30 33 (19) $244 4-a. Determine Lakeside's pension expense for 2022 4-6. Prepare the appropriate journal entries to record the expense, the cash funding of plan assets, and payment of benefits retirees. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 4 Reg 43 Determine Lakeside's pension expense for 2022. (Enter your answers in millions rounded to 1 decimal place (le 5,500,000 should be entered as 5.5).) Pention expense 2022 54.2 million Roq 40 > 391,5G92: Interm... Dashboard M Question 10 - Chapter 17H omework - pt 2 Saved Required information Complete this question by entering your answers in the tabs below. Reg 4A Reg 48 Prepare the appropriate journal entries to record the expense, the cash funding of plan assets, and pay entry is required for a transaction/event, select "No journal entry required in the first account field. En rounded to 1 decimal place (.e., 5,500,000 should be entered as 5.5).) View transaction list Journal entry worksheet

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