This workout shows how a variety of costs during the construction period can end up in the balance sheet, and then how they would end up in the income statement. Once that becomes online during year four. You can see we've got all sorts of costs here and they're all gonna end up in intangibles because these are what we might call soft CapEx. Now the intangibles, they're gonna be a base count, so we're gonna start with the ending. We're then gonna capitalize everything in the construction period. Okay? You can see that these are all expenses, and so you'd expect them to go to the income statement, but they're not gonna go to the income statement because there is no income statement. These will all get capitalized during construction, and then what's gonna happen is during the construction period, there will be no amortization. So we can add up those, pull them to the right, and we end up with intangibles of 111, which represent all of the expenses that we've been paying in cash during the construction period. Now you can see that they seem to end. Now, it could be that there are legal fees and surveying fees during operation. It could be that there are things like, I dunno, testing or delivery, but these will start to hit the income statement, and so they won't be capitalized anymore. What's gonna happen now is that although the beginning intangibles works and the ending intangibles works, there will be no more capitalized costs. If there were costs up here, we would ignore them down here because they would be hitting the income statement and then the amortization will start. There was no amortization in the construction period because there was no income statement. And the amortization, it's tempting to grab the initial amount, lock that, and then divide it by the amortization years and lock that. And then if we start copying that to the right, it feels satisfying. But if we copy it a certain amount, you'll see that something unusual starts to happen because we've locked everything and there's nothing particularly sophisticated there. The amortization ends up getting rid of everything by year five, which was its job, but then because we've made a kind of crude formula, it starts going below zero and that's not good. So if we get rid of that and start again, what we should do is we should wrap that whole thing in a min and we should say, yes, go ahead and do the amortization if that's lower, okay? But if the starting is lower, for example, if it's zero, put that there instead. And if I just show my formula there, you can see that if I start copying that to the right and I don't need to copy it all the way, you can see that by year eight everything disappears, and then there is no more amortization.