Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2018 (the end of Beale's fiscal year), the following pension-related data were available:

Projected Benefit Obligation	($ in millions)
Balance, January 1, 2018		$	760
Service cost			78
Interest cost, discount rate, 5%			38
Gain due to changes in actuarial assumptions in 2018			(22	)
Pension benefits paid			(38	)
Balance, December 31, 2018		$	816

Plan Assets	($ in millions)
Balance, January 1, 2018		$	780
Actual return on plan assets			48
(Expected return on plan assets, $53)
Cash contributions			89
Pension benefits paid			(38	)
Balance, December 31, 2018		$	879

January 1, 2018, balances:	($ in millions)
Pension asset	$	20
Prior service costAOCI (amortization $8 per year)		40
Net gainAOCI (any amortization over 10 years)		118

Required: 1. to 3. Prepare the 2018 journal entry to record pension expense, to record any 2018 gains and losses and the contribution to plan assets and benefit payments to retirees. 4. Determine the balances at December 31, 2018, 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 2018 balance sheet as a net pension asset or net pension liability for the funded status of the plan?