Turner Co owned a warehouse
Turner Co. owned a warehouse and then decided to build a new automated racking system in the warehouse. They began construction of the system on January 1, 2012. The project was completed on December 31, 2012 and placed into service on 1/1/2013. Payments to the contractors were made as follows:January 1, 2012 $ 50,000April 1, 2012 $590,000October 1, 2012 $ 270,000Total $910,000On April 1, 2012, the company obtained a
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28 Oct 2017