Problem 17-16 Comprehensive-reporting a pension plan; pension spreadsheet; determine changes in balances; two years [LO17-3, 17-4, 17-5, 17-6, 17-7, 17-8] [The following information applies to the questions displayed below.) Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2018: Prior service cost at Jan. 1, 2018, from plan amendment at the beginning of 2016 (amortization: $4 million per year) Net logs-pensions at Jan.1, 2018 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $32 million $40 million 10 year ($ in millions) PBO $300 48 Plan Assets $200 Beginning of 2018 Service cost Interest cost, 88 Loss (gain) on PBO Less: Retiree benefits End of 2018 24 (2) (20) $350 Beginning of 2018 Return on plan assets, 7.5% (10% expected) Cash contributions Less: Retiree benefits End of 2018 15 45 (20) $ 240 Problem 17-16 Part 2 Determine the new gains and/or losses in 2018 and prepare the appropriate journal entry(s) to record them. (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).) View transaction list Journal entry worksheet