In February, Huron Ltd. incurred costs to obtain a contract with a customer. The contract is for two years.
The following costs were incurred:
Travel costs to meet with the customer ......................................    $10,000
Legal costs to write up the agreement .......................................     $  5,000
Cost of meals .................................................................................     $  7,000
Marketing materials used to promote the product ...................    $  2,500

Required:

Prepare the journal entry for these costs.