The following incomplete (columns have missing amounts) pension spreadsheet is for the current year for First Republic Corporation (FRC).

($ in millions) Debit(Credit)	PBO				Plan Assets				Prior Service Cost				Net (Gain)/Loss				Pension Expense				Cash				Net Pension (Liability)/ Asset
Beginning balance		(850	)							41				(103	)
Service cost																		75
Interest cost																		51
Expected return on assets						81
Gain/loss on assets														(3	)
Amortization of:
Prior service cost										(9	)
Net gain/loss														4
Loss on PBO		(10	)
Contributions to fund																						(58	)
Retiree benefits paid						(78	)
Ending balance						846								(94	)

What was the net pension asset/liability reported in the balance sheet at the end of the year?

Choices are

Net pension liability of 65 million

Net pension asset of 62 million

Net pension liability of 62 million

Net pension asset of 65 million