Pension data for Millington Enterprises include the following:

	($ in millions)
Discount rate, 12%
Projected benefit obligation, January 1	$	350
Projected benefit obligation, December 31		485
Accumulated benefit obligation, January 1		320
Accumulated benefit obligation, December 31		435
Cash contributions to pension fund, December 31		170
Benefit payments to retirees, December 31		58

Required:

Assuming no change in actuarial assumptions and estimates, determine the service cost component of pension expense for the year ended December 31.

Service cost? --------------------

JDS Foods projected benefit obligation, accumulated benefit obligation, and plan assets were $80 million, $70 million, and $56 million, respectively, at the end of the year.

What, if any, pension liability must be reported in the balance sheet?

What would JDS report if the plan assets were $100 million instead?