Background Professional Research: Codification Research Case Your client is in the planning phase for a major plant expansion, which will involve the construction of a new warehouse. The assistant controller does not believe interest costs can be included in the warehouse cost because it is a financing expense. Others on the planning team believe that some interest cost can be included in the warehouse cost, but no one could identify the specific authoritative guidance for this issue. Your supervisor asks you to research this issue. ***NU's student FASB Codification website login, ID and Password, and How to Resource Guide are in the Getting Started area of the course. The link is listed below for easy access. Instructions Using your school's subscription to the FASB Codification, go to the FASB Codification website, and prepare responses to the following. Provide Codification references for your answers. Is it permissible to capitalize interest on the cost of assets? Provide authoritative support for your answer. What are the objectives for capitalizing interest? Discuss which assets qualify for interest capitalization. Is there a limit to the amount of interest that may be capitalized in a period? If interest capitalization is allowed, what disclosures are required