Please help with pension plan assets gain in requirement 2, journal entry #2. Thanks.

7 Lacy Construction has a noncontributory, defined benefit pension plan. At December 31, 2024, Lacy received the following information Projected Benefit obligation (f in millions) Balance, January 1 $ 1, 280 Service cost Prior service cost Interest cost (5.08) Benefits paid Balance, December N $ 1,390 Plan Assets ($ im millions) Balance, January 1 Actual return on plan assets 62 Contributions 2024 Benefits paid (96) Balance, December 51 The expected long-term rate of return on plan assets was 10%. There were no AOCI balances related to pensions on January 1. 2024 At the end of 2024, Lacy amended the pension formula creating a prior service cost of $50 million. Required: 1. Determine Lacy's pension expense for 2024. 2. Prepare the journal entry(s) to record Lacy's (a) pension expense. (bj gains or losses, (c) prior service cost. (d) funding, and (e) payment of retiree benefits for 2024. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Lacy's pension expense for 2024. Note: Amounts to be deducted should be indicated with a minus sign, Enter your answer in millions be entered as 10). Pension Expense (5 in millions) Service cost 5 98 Interest cost 64 Expected return on the plan assets (61)0 Amortization of prior service cost Amortization of net gain or net loss-AOCI Pension expense 5 101 Required 1 Required 2 Prepare the journal entry(s) to record Lacy's (a) pension expense, (b) gains or losses, (c) prior service cost, (d) funding, and (e) payment of retiree benefits for 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Enter your answers in millions. (I.e., 10,000,000 should be entered as 10). Show less a No Transaction General Journal Debi Credit Pension expense 1010 Plan assets 61 PBO 162 2 Plan assets Gain - OCI 3 Prior service cost - OCI 50 0 PBO 50 4 Plan assets Cash 98 5 5 PBO 96 Plan assets O 96