Bramble Corp. is facing a decision as to whether to purchase 40% of Kyla Corp.s shares for $2.80 million cash, giving Bramble significant influence over the investee company, or 60% of Kylas shares for $4.20 million cash, making Kyla a subsidiary company. The book value of Kylas net assets is $7.00 million (assets are $10 million and liabilities are $3.00 million).

How will this investment affect Brambles statement of financial position if Bramble acquires a 40% interest, assuming Bramble applies IFRS? Indicate the immediate effect on Brambles total assets, total liabilities, and shareholders equity. (Enter answers in millions to 2 decimal places, e.g. 1.25. Do not leave any answer field blank. Enter 0 for amounts and no effect for effects. If an amount reduces the account balance then enter with negative sign.)

Assets				Liabilities				Shareholders equity
$enter a dollar amount in millions million		select an effect CashInvest. in AssociateSignificant Influence InvestmentsNo Effect		$enter a dollar amount in millions million		select an effect No EffectSignificant Influence InvestmentsCashInvest. in Associate		$enter a dollar amount in millions million		select an effect Invest. in AssociateSignificant Influence InvestmentsNo EffectCash
$enter a dollar amount in millions million		select an effect CashSignificant Influence InvestmentsInvest. in AssociateNo Effect		$enter a dollar amount in millions million		select an effect Significant Influence InvestmentsInvest. in AssociateCashNo Effect		$enter a dollar amount in millions million		select an effect Significant Influence InvestmentsInvest. in AssociateCashNo Effect
$enter a total amount in millions million		select an effect Invest. in AssociateCashNo Net EffectSignificant Influence Investments		$enter a total amount in millions million		select an effect Significant Influence InvestmentsCashInvest. in AssociateNo Net Effect		$enter a total amount in millions million		select an effect Significant Influence InvestmentsNo Net EffectInvest. in AssociateCash

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How will this investment affect Brambles statement of financial position if Bramble acquires a 60% interest, assuming Bramble applies IFRS? Indicate the immediate effect on Brambles total assets, total liabilities, and shareholders equity. (Enter answers in millions to 2 decimal places, e.g. 1.25. Do not leave any answer field blank. Enter 0 for amounts.)

Assets						Liabilities				Shareholders equity
Invest. in Associate		select an effect - No Effect +		enter a dollar amount in millions million		select an effect - No Effect +		enter a dollar amount in millions million		select an effect + - No Effect		enter a dollar amount in millions million
Cash		select an effect + No Effect -		enter a dollar amount in millions million		select an effect No Effect + -		enter a dollar amount in millions million		select an effect + - No Effect		enter a dollar amount in millions million
		select an effect - No Effect +		enter a total amount in millions million		select an effect - + No Effect		enter a total amount in millions million		select an effect + No Effect -		enter a total amount in millions million