Answer the question using US GAAP. Do not copy the answers previously posted. They are all wrong.

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- You will be able to see your exam scote upon compleling the exam, but you will not be able so review which questions you answered cortectly or incorrectig. 1 point On January 1, a compamy enters into an operating lease for otfice space. On March 1, the company receives control of the property to make leasehold improvements. The company's staff moves inte the property on May 1. The monthly lease payments begin on July 1 . The recognition of the lease fability for the new affices should beeiri on which o the following dates? May 1 March 1 January 1 July 1