[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 2018:

Prior service cost at Jan. 1, 2018, from plan amendment at the beginning of 2016 (amortization: $4 million per year)	$	32	million
Net losspensions at Jan.1, 2018 (previous losses exceeded previous gains)	$	40	million
Average remaining service life of the active employee group		10	year
Actuarys discount rate		8	%

($ in millions)

	PBO				Plan Assets
Beginning of 2018	$	300		Beginning of 2018		$	200
Service cost		48
Interest cost, 8%		24		Return on plan assets, 7.5% (10% expected)			15
Loss (gain) on PBO		(2	)	Cash contributions			45
Less: Retiree benefits		(20	)	Less: Retiree benefits			(20	)
End of 2018	$	350		End of 2018		$	240

5. Determine the new gains and/or losses in 2019 and prepare the appropriate journal entry(s) to record them. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

5 Required Informatlon [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 2018: Part 5 of 7 10 Prior service cost at Jan. 1, 2018, from plan amendment at the $32 million $40 million beginning of 2016 (amortization: $4 million per year) Net loss-pensions at Jan.1, 2018 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate 1e year 8% S In milllons) Plan Assets $28e PBO Beginning of 2018 Service cost $3ee Beginning of 2018 48 Return on plan assets, 7.5% (18% expected) Interest cost, 8% Loss (gain) on PBO Less: Retiree benefits End of 2018 15 45 2e $240 24 (2) Cash contributions (2) Less: Retiree benefits $350 End of 2818 5. Determine the new gains and/or losses in 2019 and prepare the appropriate journal entry(s) to record them. (lf no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Enter your answers in millions (l.?., 10,000,000 should be entered as 10).) Answer is not complete. No Transaction General Journal Debit Credit ??? Plan assets