International accounting, please do not copy from chegg. They are wrong

2. Bianchi SPA, an Italian manufacturing firm, uses IFRS. On 1/1/2012, Bianchi purchased equipment for S1,000,000. The equipment's useful life is 10 years. It has no residual value. On 1/1/2014, the company chose to revalue the equipment. The fair value of the equipment was $1,200,000. No revaluation was performed in 2015 The company's shareholders' equity as of the end of 2015 is $100 million. What would have been the reported shareholders' equity had the company used U.S. GAAP instead of IFRS? Ignore any tax effects