On January 1, 2024, Ravetch Corporation's projected benefit obligation was $35 million. During 2024 , pension benefits paid by the trustee were $7 million. Service cost for 2024 is $15 million. Pension plan assets (at fair value) increased during 2024 by $9 million as expected. At the end of 2024, there were no pension-related other comprehensive income (OCl) accounts. The actuary's discount rate was 12%. Required: Determine the amount of the projected benefit obligation at December 31, 2024. Note: 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