Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2021 (the end of Beale's fiscal year), the following pension-related data were available:

Projected Benefit Obligation	($ in millions)
Balance, January 1, 2021		$	660
Service cost			68
Interest cost, discount rate, 5%			33
Gain due to changes in actuarial assumptions in 2021			(17	)
Pension benefits paid			(33	)
Balance, December 31, 2021		$	711

Plan Assets	($ in millions)
Balance, January 1, 2021		$	680
Actual return on plan assets			43
(Expected return on plan assets, $48)
Cash contributions			84
Pension benefits paid			(33	)
Balance, December 31, 2021		$	774

January 1, 2021, balances:	($ in millions)
Pension asset	$	20
Prior service costAOCI (amortization $5 per year)		25
Net gainAOCI (any amortization over 10 years)		108

Required: 1. to 3. Prepare the 2021 journal entries to record pension expense, to record any 2021 gains and losses and the contribution to plan assets and benefit payments to retirees. 4. Determine the balances at December 31, 2021, in the PBO, plan assets, the net gainAOCI, and prior service costAOCI [Hint: You might find T-accounts useful.] 5. What amount will Beale report in its 2021 balance sheet as a net pension asset or net pension liability for the funded status of the plan?