The child is holding a camera up close.
The child is holding her mother's camera.
Just because it is the mother's camera does not indicate whether or not the child is holding it up close.
exists e1 x1 x2 x3.(n_child(x1) & up(e1,x3) & n_close(x3) & Theme(e1,x2) & Actor(e1,x1) & v_hold(e1) & n_camera(x2))
exists e1 x1 x2 x3.(n_camera(x3) & of(x3,x2) & n_mother(x2) & of(x2,x1) & n_female(x1) & n_child(x1) & Theme(e1,x3) & Actor(e1,x1) & v_hold(e1))