On September 30, 2024, Athens Software began developing a software program to shield personal computers from malware and spyware. Technological feasibility was established on February 28, 2025, and the program was available for release on April 30, 2025. Development costs were incurred as follows:

Athens expects a useful life of four years for the software and total revenues of $5,000,000 during that time. During 2025, revenue of $1,000,000 was recognized.

Required:

(1) Prepare a journal entry to record the development costs in each year of 2024 and 2025. 

(2) Calculate the required amortization for 2025.

September 30 through December 31, 2024 January 1 through February 28, 2025 March 1 through April 30, 2025 $2,200,000 800,000 300,000