Lacy Construction has a noncontributory, defined benefit pension plan. At December 31, 2018, Lacy received the following information:

Projected Benefit Obligation	($ in millions)
Balance, January 1		$	680
Service cost			92
Prior service cost			44
Interest cost(5.0%)			34
Benefits paid			(84	)
Balance, December 31		$	766

Plan Assets	($ in millions)
Balance, January 1		$	550
Actual return on plan assets			57
Contributions 2018			92
Benefits paid			(84	)
Balance, December 31		$	615

The expected long-term rate of return on plan assets was 10%. There were no AOCI balances related to pensions on January 1, 2018. At the end of 2018, Lacy amended the pension formula creating a prior service cost of $44 million. Required: 1. Determine Lacy's pension expense for 2018. 2. Prepare the journal entry(s) to record Lacys pension expense, gains or losses, prior service cost, funding, and payment of retiree benefits for 2018.