A company orders new warehouse equipment on December $1$ of the current year. The company receives a telephone call on December $15$ indicating that there will be a delay in the delivery of the equipment. The equipment is delivered to the company on January $10$ of the following year. The equipment is installed in the warehouse and ready for use on January $27.$ The fiscal year end of the company is December $31.$ When is the cost of the new warehouse equipment added to Class $8?$