Requlred 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: $4 milion per year) $32 million Net loss-pensions at January 1, 2024 (previous losses exceeded previous gains) $4 milion Average remaining service life of the active employee group 10 years Actuary's discount rate 8% ($ in millions) Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2025 ($ in millions) -a. Determine Lakeside's pension expense for 2025. -b. Prepare the appropriate joumal entrles to record the expense, the cash funding of plan assets, and payment of benefits to tirees