Business, 01.06.2021 17:00 hiiliohi3823

Data Corp filed all required permits to begin construction on a new $25,000,000 data storage facility on Jan 31, and obtained a 7% construction loan for the entire amount on Feb 28. Data incurred expenditures with borrowed funds to construct the facility from March 1 through Nov 30, with the building inspector indicating that it was substantially complete and ready for use on Nov 15. If Data moved its data files into the storage facility on Dec 15, during which period can it capitalize interest on the storage facility

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