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Complete this question by entering your answers in the tabs below. Req 13 and 2 Reg 1A to 4 Determin

Complete this question by entering your answers in the tabs below. Req 13 and 2 Reg 1A to 4 Determine Douglas-Roberts's pension expense for 2021. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Pension Expense Pension expense Req1A Req 1B and 2 to 4 > Actuary and trustee reports indicate the following changes in the PBO and plan assets of Douglas-Roberts Industries during 2021: $ 28 million Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2018 (amortization: $4 million per year) Net loss-AOCI at Jan. 1, 2021 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate $230 million 10 years ($ in millions) PBO Beginning of 2021 Service cost $ 900 68 Plan Assets Beginning of 2021 Return on plan assets, 8% (10% expected) $ 400 32 63 Interest cost, 7% Loss (gain) on PBO Less: Retiree benefits End of 2021 (18) (39) $ 974 Cash contributions Less: Retiree benefits End of 2021 105 (39) $ 498 Required: 1-a. Determine Douglas-Roberts's pension expense for 2021. 1-b, 2. to 4. Prepare the appropriate journal entries to record the pension expense, to record any 2021 gains and losses, to record the cash contribution to plan assets and to record retiree benefits. . ..Activata.Windows…….

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