See the following incomplete pension spreadsheet. What was the net pension asset/liability at the end of the year?

a.

Net pension assets of $116 million

b.

Net pension assets of $166 million

c.

Net pension liability of $186 million

d.

Net pension assets of $176 million

e.

Net pension liability of $176 million

Net Plan ($ in millions) PBO Prior Service Cost- AOCI Loss/Gain Pension Expense Cash Assets -AOCI Beginning Balance 500 cr. 28 dr. 90 cr. Service Cost 62 dr. Interest Cost 49 dr. Exp. Return on Assets 68 dr. Amortization of: Prior Service Cost 7 cr. Net Loss 3 dr. Abn. Return on Assets 2 dr. 2 cr. Loss on PBO 8 cr. Contributions to Fund 45 cr. Retiree Benefits Paid 65 cr. Ending Balance 730 dr. 81 cr