One of the leading companies in the Kingdom of Saudi Arabia working in the field of contracting, electrical works and providingEngineering Consulting, which was established in 2010 AD and achieved good profits during the past years, and for the year 2021 ADThe company submitted its financial statements to an auditing office, and upon examining the financial information, it became clear that it had constructed an administrative building.To use it as its administrative headquarters, and in order to construct this building, it borrowed an amount of 5,000,000 riyals from Al Rajhi Bank.With an interest of 10%, this loan was obtained specifically to construct the administrative building, and construction actually began on the date2/1/2021 AD and the building became ready for use on 11/1/2021 AD, and the company capitalized all costsThe cost of constructing the building, including materials, wages, additional costs and the cost of borrowing, and when reviewing the bankThe benefits show that the company capitalized the loan interest on the building account for a full year in the amount of 500,000 riyals, noting thatThe company's fiscal year begins on 1/1 and ends on 12/31. As a chartered accountant working in an audit office, answer the following:Next question:Question:Do you think that the company capitalized the loan interest expense correctly? Write your opinion in light of your study of the Intermediate Financial Accounting course