Question: Beale Management has a noncontributory, defined benefit pension plan. On December 3 1 , 2 0 2 4 ( the end of Beale's fiscal year

Beale Management has a noncontributory, defined benefit pension plan. On December

Beale Management has a noncontributory, defined benefit pension plan. On December 31,2024(the end of Beale's fiscal year), the following pension-related data were available:
\table[[Projected Benefit Obligation,( $ in millions)],[Balance, January 1,2024,$480
31,2024(the end of Beale's fiscal year), the following pension-related data were available:

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