Please provide solution under IFRS

Electronic Distribution has a defined benefit pension plan Characteristics of the plan during 2021 are as follows: (5 millions) PBO balance, January 1 $ 520 plan assets balance, January 1 250 Service cost 95 Interest cost Gain from change in achlarial assumption 34 Benefits paid (44) Actual return on plan assets Contributions 2021 65 12 B5 The expected long-term rate of return on plan assets was 8%. There were no AOCI balances related to pensions on January 1, 2021, but at the end of 2021, the company amended the pension formula, creating a prior service cost of $17 million Assume Electronic Distribution prepares its financial statements according to International Financial Reporting Standards (IFRS) Also assume that 10% is the current interest rate on high-quality corporate bonds Required: 1. Calculate the net pension cost for 2021, separating its components into appropriate categories for reporting 2. Prepare the journal entries to record (a) the components of net pension cost. (b)gains or losses, (c) past service cost, (a) funding, and (e) payment of benefits for 2021 3. What amount will Electronic Distribution report in its 2021 balance sheet as a net pension asset or net pension liability? ($ in millions) Reported in income statement: Service cost-2021 Past service cost 95 17 Service cost $ 112 Reported as OCI: Remeasurement gain from assumption change-OCI Remeasurement loss on plan assets-OCI 8 120 Required 2 > 3. What amount will blectronic Distribution report in its 2021 balance sheet as a net pension asset or net pension lability? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What amount will Electronic Distribution report in its 2021 balance sheet as a net pension asset or net pension liability? (Enter your answers in millions (.e., 10,000,000 should be entered as 10).) million