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Pension data for Fahy Transportation Incorporated include the following: Discount rate, 8 % ( $ i n millions ) Expected return on plan assets, 1

Pension data for Fahy Transportation Incorporated include the following:
Discount rate, 8%
( $ in millions)
Expected return on plan assets, 11%
Actual return on plan assets, 12%
Projected benefit obligation, January 1
Plan assets (fair value), January 1
$510
Plan assets (fair value), December 31
Benefit payments to retirees, December 31
500
52
86
Required:
Assuming cash contributions were made at the end of the year, what was the amount of those contributions?
Note: Enter your answer in millions (i.e.,10,000,000 should be entered as 10).
Cash contributions
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