$18)[5$ points$]$ The following information relates to Schmidt Sausage Company's defined benefit pension plan during the current reporting year:

$($$ in millions$)$

Plan assets beginning of the year $$560$

Expected return on plan assets $56$

Actual return on plan assets $48$

Cash contributions $76$

Amortization of net loss $8$

Retiree benefits $9$

Required: Determine the amount of pension plan assets at fair value on December $31.$

$19)[5$ points$]$ Pension data for Sewell Corporation include the following for the current calendar year:

Required: Assuming cash contributions were made at the end of the year, what was the amount of those contributions?

Discount rate, $8\%$

Expected return on plan assets, $10\%$

Actual return on plan assets, $12\%$

PBO, January $1620,000,000$$

Plan assets, January $1630,000,000$

Plan assets, December $31670,000,000$

Benefit payments to retirees, December $3155,000,000$