Welton company acquired 60% of Higgins company's 20 million $1 ordinary shares on 1st July 2012. Welton company paid an immediate cash consideration of $45 million and a further cash consideration of $50 million will be paid on 1st July 2014. Higgins company net assets were deemed to equal their fair value at 1st July 2012. Retained earnings at that date were $115 million. Welton company has a cost of capital of 8%. what would be adjustment entry for this