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The projected benefit obligation was $340 million at the beginning of the year. Service cost...

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Accounting

The projected benefit obligation was $340 million at the beginning of the year. Service cost for the year was $38 million. At the end of the year, pension benefits paid by the trustee were $20 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuarys discount rate was 5%. The actual return on plan assets was $19 million although it was expected to be only $18 million. What was the pension expense for the year?

Pension Expense __________ million

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