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Pension data for Sewell Corporation include the following for the current calendar year: Discount rate, 71 Expected return on plan assets, 101 Actual return on
Pension data for Sewell Corporation include the following for the current calendar year: Discount rate, 71 Expected return on plan assets, 101 Actual return on plan assets, 128 PBO, January 1 Plan assets, January 1 $ 620,000,000 630,000,000 680,000,000 Benefit payments to retirees, December 31 65,000,000 Plan assets, December 31 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 rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Cash contributions
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