I need help in solving the below 3 questions (possibly using ACC 310 methods) Thanks!

8. On 7/1/23, Red Corp. borrowed funds on a 9%, one-year note to finance the construction of a new building to be used for its own purposes. Construction on the project began on 8/1/23 and was completed on 11/1/23. Rounded to the nearest whole month, how many total months in 2023 should interest be capitalized under the interest capitalization rules? A. 3 months B. 4 months C. 5 months D. 6 months E. 12 months 9. Brown Corp. is a land developer. It purchases and develops land to sell as part of its normal business operations. Its operating cycle is less than one year. In December of this year, it purchased land to develop and sell. The land was not sold as of December 31. Where should the cost of this land be reported on Brown Corp.'s financial statements? A. It should be reported in an "Inventory" account in the current asset section. B. It should be reported in an "Inventory" account in the PP\&E section. C. It should be reported in a "Land" account in the long-term (or PP\&E) section. D. It should be reported as part of the "Cost of Goods Sold" account on the income statement. 10. Costs incurred for land improvements are generally depreciable. A. True B. False