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The following information relates to Hatami Company's defined benefit pension plan during the current reporting year: Plan assets at fair value, January 1 $570, 000,

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The following information relates to Hatami Company's defined benefit pension plan during the current reporting year: Plan assets at fair value, January 1 $570, 000, 000 Expected return on plan assets 47,000,000 Actual return on plan assets 37,000,000 Contributions to the pension fund (end of year) 87, 000,000 Amortization of net loss 0 Pension benefits paid (end of year) 29,000,000 Pension expense 57,000,000 Required: Determine the balance of pension plan assets at fair value on December 31. (Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign.) Pension Plan ($ in millions) Plan assets beginning of the year Plan assets end of the year

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