Question: A company entered into a two-year cloud computing arrangement by paying $80,000 immediately to a vendor and also incurring the following costs: Pre-implementation planning $

A company entered into a two-year cloud computing arrangement by paying $80,000 immediately to a vendor and also incurring the following costs:

Pre-implementation planning $ 40,000
Integration of software 75,000
Coding and customization of software 110,000
Post-implementation operation 55,000

Determine the amount the company should capitalize at the beginning of the arrangement.

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