Figure 20.2.14-11 Overlapping Period Time LineSummary: The following display shows a time line for the Hunter Corporation example concerning application of the net rate when underpayment interest starts before interest begins to accrue on the overpayment. This time line is presented using numbers from left to right to help explain the data on the page. This data is displayed from where the time span begins to where the span ends (by numbers) and then what information is presented. Amounts enclosed in parentheses represent a credit amount.200612, Form 1120X, Underpayment, 03152007, $53,000.00200712, Form 1120X, Overpayment, 03152008, ($32,000.00)200712, Refund, 09082008, ($32,572.17)200612, Payment, 12032008,($59,706.66)From 1 to 2: underpayment interest at normal rate $4,306.19From 2 to 4: underpayment interest at normal rate $1,060.04From 2 to 3: Overlapping period; underpayment interest at overpayment rate $572.17From 3 to 4: underpayment interest at normal rate $442.58