Required 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 $2024$ :

Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside

Cable during $2025$:

$($$ in millions$)$

Required:

$1-$a$.$ Determine Lakeside's pension expense for $2024.$

$1-$b$.$ Prepare the appropriate journal entries to record the expense as well as the cash contribution to plan assets and

payment of benefits to retirees.

Complete this question by entering your answers in the tabs below.

Req $1B$

Determine Lakeside's pension expense for $2024.$

Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers

in millions $($i$.$e$.,10,000,000$ should be entered as $10).$