7. Lonesome Incorporated reported the following pension cost in its year ended profit and loss (P&L) statement in accordance with IFRS: Current service cost Past service cost Net interest expense 4

million €51 million Pension cost reported in P&L Had Lonesome followed U.S. GAAP, its pension cost reported in P&L would have been: a. lower. higher. C. the same. ن منه €12 million 35 million b.