Pension data for Matta Corporation include the following for the current calendar year:
Required: Assuming no change in actuarial assumptions and estimates, determine the service cost component of pension expense for the current year.
| Discount rate, 10% |
($ in millions) |
| PBO, January 1 |
$360
|
| PBO, December 31 |
450 |
| ABO, January 1 |
200 |
| ABO, December 31 |
275 |
| Cash contributions to pension fluid, December 31 |
100 |
| Benefit payments to retirees, December 31 |
54 |