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Based on the following data for a machine, when should you begin to depreciate it? May 1, 2015 Your firm orders a machine June 12,

Based on the following data for a machine, when should you begin to depreciate it?

May 1, 2015 Your firm orders a machine

June 12, 2015 The seller ships the machine FOB shipping point

June 23, 2015 The machine arrives at your firms office

August 2, 2015 Your firm places the machine in services

August 23, 2015 Your firm pays for the machine

A. June 12, 2015

B. June 23, 2015

C. August 2, 2015

D. August 23, 2015

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