On January 1,2021 , Ravetch Corporation's projected benefit obligation was $37 million. During 2021 , pension benefits paid by the trustee were $5 million. Service cost for 2021 is $18 million. Pension plan assets (at fair value) increased during 2021 by $7 million as expected. At the end of 2021, there were no pension-related other comprehensive income (OCI) accounts. The actuary's discount rat was 10% 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.)