On January 1, 2021, Ravetch Corporations projected benefit obligation was $35 million. During 2021, pension benefits paid by the trustee were $6 million. Service cost for 2021 is $11 million. Pension plan assets (at fair value) increased during 2021 by $9 million as expected. At the end of 2021, there were no pension-related other comprehensive income (OCI) accounts. The actuarys discount rate was 11%. Required: Determine the amount of the projected benefit obligation at December 31, 2021. (Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50). Amounts to be deducted should be indicated with a minus sign.)

Projected Benefit Obligation
Beginning of 2021
End of 2021