ABC Invested $30 Million in Cash in DEF Inc, Which $$): \[\Begin{array} { | L | L | L |

ABC invested $30 million in cash in DEF Inc, which was determined to be a VIE whose primary beneficiary is ABC Inc. The balance sheet of DEF on the acquisition date January 1, 2016 is shown below (all figures in millions $$): \[\begin{array} { | l | l | l | }
\hline & \text { Book Value } & \text { Fair Value } \\
\hline \text { Cash } & \$ 30 & \$ 30 \\
\hline \text { Capital Assets } & \$ 90 & \$ 100 \\
\hline \text { Total Assets } & \$ 120 & \$ 130 \\
\hline \text { Liabilities } & \$50 & \$ 50 \\
\hline \text { Owner's Equity } & \\
\hline \text { ABC } & \$ 40 & \\
\hline \text { Non-Controlling Interest: } & \$ 30 & \\
\hline \text { Total Liabilities \& Equiy } & \$ 120 & \\
& \\
\hline & & \\
\hline
\end{array}\] The fair value of DEF's non-controlling interest is $55.
Required: Prepare the journal entry required for consolidation purposes on the date of acquisition assuming current Canadian GAAP.