A. Your client, Basswood Manufacturing, Inc., manufactures building materials for home construction. To update their manufacturing process, they ordered a new lathe in December 2019 and it arrived at the plant on February 23, 2020. The machine was installed by the end of February, 2020. However, due to COVID, the plant was shut down soon thereafter, before the company had a chance to make test runs on the new lathe and begin using it. The machine sat idle for three months while the facility was shut down, then for twelve more months until the manufacturing process was fully up and running. Basswood finally began using the new lathe in May, 2021. Because the client paid for the machine in December, 2019, they would like to start depreciating it then. The CFO reaches out to you to find out the earliest date that they can begin depreciating the lathe. I need the facts and issue and the date of the depreciation