On January 1, 2021, Cameron Inc. bought 30% of the outstanding common stock of Lake Construction Company for $420 million cash, giving Cameron the ability to exercise significant influence over Lakes operations. At the date of acquisition of the stock, Lake's net assets had a fair value of $800 million. Its book value was $700 million. The difference was attributable to the fair value of Lake's buildings and its land exceeding book value, each accounting for one-half of the difference. Lakes net income for the year ended December 31, 2021, was $250 million. During 2021, Lake declared and paid cash dividends of $30 million. The buildings have a remaining life of 5 years.

Complete the table below. (Enter your answers in millions, (i.e., 10,000,000 should be entered as 10)).

($ in millions)	Investee Net Assets		Ownership Interest			Net Assets Purchased	Difference	Attributable to:
Cost						$420
Fair Value Lake Construction's assets		x		%	=		$0
Book Value Lake Construction's assets		x		%	=		$0
Depreciation adjustment:			Years			Adjustment
Investment revenue		/			=

Required: 1. Complete the table below and prepare all appropriate journal entries related to the investment during 2021, assuming Cameron accounts for this investment by the equity method. 2. Determine the amounts to be reported by Cameron.