Question: Please use the table to answer these 3 questions. please provide a explination if possible The following incomplete {columns have missing amounts) pension spreadsheet is

Please use the table to answer these 3 questions. please provide a explination if possible

Please use the table to answer these 3 questions. please provide a

The following incomplete {columns have missing amounts) pension spreadsheet is for the current year for First Republic Corporation {PRC}. S in millions P30 Plan Prior Net Pension Cull Net Pension Debit (credit) Assets Sentee (Gain) Expense {Liability} f Cost Lou Asset Beginning balance (Wt?) 28 {90) Service cost 53 Interest cost 49 Expected return on assets 63 Gain-\"loss on assets (2} Amortization of ' Prior service cost 1'?) Net gain-loss 3 Loss on PEG (3} Contributions. to fund {45) Retiree benefits paid (65] Ending balance 730 (81') 41. What was the net pension asseUEiability reported in the balance sheet at the end of the year? A. Net pension asset ofSSD. B. Net pension asset of 524. C. Net pension liability of $50_ D. Net pension liability of$24. 42. What was FRC's pension expense for the year? A. $44. B. $41 C. $49. D. $107. 43. What was the aetuary's interest (discount) rate? A. 7%. B. 8%. C. 9%. D. 10%

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