CIP asset cost on Asset Additions Report

EBusiness Suite 11.5.10.2

CIP Asset was added in March at a  cost of 90,000

Asset was adjusted in April with an additional 1,000 in cost for a total of 91,000

The asset additions report continues to show the Initial cost of the asset as 90,000 until the asset is capitalized at which point it shows the 91,000. 

User expects that the 91,000 should show up in April. 

Can anyone tell me if this is working as designed or should the asset additions report be showing the accumulated cost for a CIP asset as costs are added. 

Thanks.