Projected Benefit Obligation	($ in millions)
Balance, January 1, 2018	$240
Service cost	41
Interest cost, discount rate, 5%	12
Gain due to changes in actuarial assumptions in 2018	(5)
Pension benefits paid	(20)
Balance, December 31, 2018	$268
Plan Assets
Balance, January 1, 2018	$250
Actual return on plan assets	20
(Expected return on plan assets, $22.5)
Cash contributions	35
Pension benefits paid	(20)
Balance, December 31, 2018	$285
January 1, 2018, balances:
Prior service cost (amortization $4 per year)	$24
Net gain (any amortization over 15 years)	40

Oprah Productions has a defined benefit pension plan. On December 31, 2018 (the end of Oprah's fiscal year), the following pension-related data were available:

Required:

1. Prepare all the journal entries related to Oprah's pension plan for 2018.

2. Compute the ending balance of net gain/loss (12/31/18).