Novak Corp. is facing a decision as to whether to purchase 40% of Kyla Corp's shares for $1.60 million cash, giving Novak significant influence over the investee company, or 60% of Kyla's shares for $2.40 million cash, making Kyla a subsidiary company. The book value of Kyla's net assets is $4.00 million (assets are $18 million and liabilities are $14.00 million). How will this investment affect Novak's statement of financial position if Novak acquires a 40% interest, assuming Novak applies IFRS? Indicate the immediate effect on Novak's total assets, total liabilities, and shareholders' equity. (Enter answers in millions to 2 decimal places, eg. 1.25. Do not leave any answer field blank. Enter O for amounts and no effect for effects. If an amount reduces the account balance then enter with negative sign.) Assets $ LA $ $ million million. million $ Liabilities million million million