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Required information [ The following information applies to the questions displayed below. ] Actuary and trustee reports indicate the following changes in the PBO and

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:
Prior service cost at January 1,2024, from plan amendment at the beginning of 2022
(amortization: $6 million per year)
Net loss-pensions at January 1,2024(previous losses exceeded previous gains)
Average remaining service life of the active employee group
Actuary's discount rate
( $ in millions)
Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during
2025:
( $ in millions)
Prepare a pension spreadsheet to assist you in determining end of 2024 balances in the PBO, plan assets, prior service cost-AOCl,
the net loss-AOCl, and the pension liability.
Note: Enter your answers in millions (i.e.,10,000,000 should be entered as 10). Enter credit amounts with a minus sign and debit
amounts with a positive sign.
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