I think i'm missing a debit that's why the 8.70 is incorrect

4 Burrito Corporation has a defined benefit pension plan. Burrito received the following information for the current calendar year: 7 points Projected benefit obligation Balance, January 1 Service cont Interest cost Benefits paid Balance, December 31 Plan assets Balance, January 1 Actual return on plan assets Contribution Benefits paid Balance, December 31 $144,000,000 22,000,000 14,400,000 (9,000,000) $171,400,000 $ 87,000,000 10,700,000 20,000,000 (9,000,000) $109,700,000 The expected long-term return on plan assets is 10%. There were no other relevant data for the year. Required: 1. Determine Burrito's pension expense for the year. 2. Prepare the journal entries to record the pension expense and funding for the year. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the pension expense and funding for the year. (Enter your answers in millions rounded to 2 decimal places. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) No Transaction General Journal Credit Debit 27.70 1 1 Pension expense Plan assets PBO OOO 8.70 X 36.40 2 2 20.00 Plan assets Cash SO 20.00