Question - PBO was $9 million when the year started. Service cost for the year was $30 million. By the end of the year, the pension benefits of $2 million had been paid to retired employees. At start of the year there was no Unamortized Prior Service Cost, and there was a zero balance in Unrecognized gains and losses. The actuary uses a 6% discount rate for pension computations. Actual return on the Pension Plan Assets was $10 million, which was $4 million more than expected.
What was Penion Expense for the year?