Question: When calculating avoidable interest, what is considered material vs immaterial? GAAP requires interest capitalization for a qualifying asset only if its effect is material. But

When calculating avoidable interest, what is considered material vs immaterial? GAAP requires interest capitalization for a qualifying asset only if its effect is material. But my textbook doesn't explain what is considered material?

I have always capitalized fixed assets over $2500. anything less is expensed. But I don't know how to apply this concept to capitalized interest.

Thank you for your help.

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