Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2021: Prior service cost at Jan. 1, 2021, from plan amendment at the beginning of 2019 (amortization: $6 million per year) $ 36 million Net loss-pensions at Jan.1, 2021 (previous losses exceeded previous gains) $ 64 million Average remaining service life of the active employee group 10 years Actuary’s discount rate 10 % ($ in millions) PBO Plan Assets Beginning of 2021 $ 340 Beginning of 2021 $ 200 Service cost 48 Return on plan assets, Interest cost, 10% 34 9.5% (10% expected) 19 Loss (gain) on PBO (2 ) Cash contributions 61 Less: Retiree benefits (30 ) Less: Retiree benefits (30 ) End of 2021 $ 390 End of 2021 $ 250 Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2022: ($ in millions) PBO Plan Assets Beginning of 2022 $ 390 Beginning of 2022 $ 250 Service cost 42 Return on plan assets, Interest cost, 10% 39 16% (10% expected) 40 Loss (gain) on PBO 5 Cash contributions 34 Less: Retiree benefits (20 ) Less: Retiree benefits (20 ) End of 2022 $ 456 End of 2022 $ 304