Requirea information [The following information applies to the questions displayed below.) Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2018: Prior service cost at Jan. 1, 2018, from plan amendment at the beginning of 2016 (amortization: $6 million per year) Net loss-pensions at Jan.1, 2018 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $51 million $59 million 10 years 10% ($ in millions) PBO Plan Assets $400 Beginning of 2018 Service cost Interest cost, 10% Loss (gain) on PBO Less: Retiree benefits End of 2018 $490 67 49 (2) (64) $540 Beginning of 2018 Return on plan assets, 9.5% (10% expected) Cash contributions Less: Retiree benefits End of 2018 38 66 (64) $440 2. Determine the new gains and/or losses in 2018 and prepare the appropriate journal entry(s) to record them. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 1 2 > Record the losses. S