Prion service cost at 2anuary 1, 2024, fron plan anendnent at the beginning of 2022 (anortization: 55 million per year) Net loss pensions at January 1, 2024 (previous losses exceeded previous gains) Average reraining service life of the active ceployee group Actuary's discount rate (\$ in mitlions) Assume the following octuory and trustee reports indicoting changes in the PBO and plan ossets of Lakeside Cable during 2025 : (\$ in millions) 4-a. Determine Lokeside's pension expense for 2025. 4-b. Prepore the oppropriate journal entries to record the expense, the cash funding of plon assets, and payment of benefits to retirees. (3) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Determine Lakeside's pension expense for 2025. Note: Enter your answers in malions rounded to 1 decimal place (Le, 5,500,000 should be entered as 5.5). 4-a. Determine Lakeside's pension expense for 2025. 4-b. Prepare the approprlate journal entrles to record the expense, the cash funding of plan assets, and payment of benefits retirees. * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Prepare the appropriate journal entries to record the expense, the cash funding of plan assets, and payment of benefits to retirees. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first aocount field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5)