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Bridgeport Corp. is deciding whether to purchase $\backslash (40\backslash \%\backslash )$ of Kyla Corp.$\text{'}$s shares for $\backslash (\backslash$$ $1\mathrm{.}20\backslash )$ million cash, giving Bridgeport significant influence over the investee company, or $\backslash (60\backslash \%\backslash )$ of Kyla's shares for $\backslash (\backslash$$ $1\mathrm{.}80\backslash )$ million cash, making Kyla a subsidiary company. The book value of Kyla's net assets is $\backslash (\backslash$$ $3\mathrm{.}00\backslash )$ million $($assets are $\backslash (\backslash$$ $12\backslash )$ million and liabilities are $\backslash (\backslash$$ $9\mathrm{.}00\backslash )$ million$).$

$($a$)$

How will this investment affect Bridgeport's statement of financial position if Bridgeport acquires a $40\backslash \%$ interest, assuming Bridgeport applies IFRS? Indicate the immediate effect on Bridgeport's total assets, total liabilities, and shareholders' equity. $($Enter answers in millions to $2$ decimal places, e$.$g$.1\mathrm{.}25.$ 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.$)$

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