On Jаnuаry 1 оf the current repоrting yeаr, Cоda Company's projected benefit obligation was $30 million. During the year, pension benefits paid by the trustee were $4 million. Service cost was $10 million. Pension plan assets earned $5 million as expected. At the end of the year, there was no net gain or loss and no prior service cost. The actuary's discount rate was 10%. Required: Determine the amount of the projected benefit obligation on December 31. Note: Enter your answers in millions. Amounts to be deducted should be indicated with a minus sign.