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 2021 Prior service coat at Jan. 1, 2021, from plan amendment at the beginning of 2019 (amortization: $7 million per year) Net loss-pensions at Jan.1, 2021 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate ($in millions) $52 million $65 million 10 years 7:30 Beginning of 2021 $550 Service cont 68 Intereat cost, 44 Loss (gain) on 20 Less: Retiree benefits (59) Less: Retiree benefits End of 2021 $600 End of 2021 Beginning of 2021 Return on plan asasta 7.5 (10% expected) (3) Cash contributions Plan $400 30 79 (59) $450 Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2022: ($in millions) 200 Plan Assets Beginning of 2022 $600 Beginning of 2022 $450 Service cost 58 Intereat coat, 48 Return on plan assets, 18 (10 expected) 81 Loss (gain) on 30 5 Cash contributions 50 Less: Retiree benefits [36] End of 2022 $675 Lens: Retiree benefits End of 2022 (36) $545 3. Prepare a pension spreadsheet to assist you in determining end of 2021 balances in the PBO, plan assets, prior service cost-AOCL the net loss-AOCI, and the pension liability. (Enter your answers in millions (ie., 10,000,000 should be entered as 10). Enter credit amounts with a minus sign and debit amounts with a positive sign.) ($in millions) Bal, Jan. 1, 2021 Service cost Interest cost, 8% Expected return on assets Loss on assets Amortization of Prior service cost-ADCI Net loss-AOCI Gain on PBO Cash contributions Retiree benefits Bal, Dec. 31, 2021 PBO Prior Service Plan Assets Cost-AOCI Net Loss -AOCI Pension Cash Net Pension (Liability)/ Asset