orrect for the work you have completed so far. It does n The pension plan was amended last year, creating a prior service cost of $120 million Service cost and interest cost for the year were $34 million and $16 million respectively. At the end of the year, there w's a negligible balance in the net gain-pensions account. The actual return on plan assets was $16 million although it was expected to be $20 million. On average, employees' remaining service life with the company is 12 years. What was the total pension cost for the year? (Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. ($ in millions) Service cost S 34 Interest cost 16 Expected return on the plan assets 16 Amortization of prior service cost 10 Amortization of net loss X $ 0 Pension cost $ 76 Prey Next >