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The Kollar Company has a defined benefit pension plan. Pensioninformation concerning the fiscal years 2018 and 2019 are presentedbelow ($ in millions):

Information Provided by Pension Plan Actuary:

1. Projected benefit obligation as of December 31, 2017 =$1,550.
2. Prior service cost from plan amendment on January 2, 2018 =$450 (straight-line amortization for 10-year average remainingservice period).
3. Service cost for 2018 = $530.
4. Service cost for 2019 = $580.
5. Discount rate used by actuary on projected benefit obligationfor 2018 and 2019 = 10%.
6. Payments to retirees in 2018 = $390.
7. Payments to retirees in 2019 = $460.
8. No changes in actuarial assumptions or estimates.
1. Net gain—AOCI on January 1, 2018 = $235.
10. Net gains and losses are amortized for 10 years in2018 and 2019.

Information Provided by Pension Fund Trustee:

1. Plan asset balance at fair value on January 1, 2018 =$1,200.
2. 2018 contributions = $550.
3. 2019 contributions = $600.
4. Expected long-term rate of return on plan assets = 12%.
5. 2018 actual return on plan assets = $100.
6. 2019 actual return on plan assets = $150.

Required:

1. Calculate pension expense for 2018 and 2019.
2. Prepare the journal entries for 2018 and 2019 to record pensionexpense.
3. Prepare the journal entries for 2018 and 2019 to record anygains and losses and new prior service cost.
4. Prepare the journal entries for 2018 and 2019 to record the cashcontribution to plan assets and benefit payments toretirees.