Brief Exercise 12-7 Whispering Winds Ltd. decided that it needed to update its computer programs for its supplier relationships. It purchased an off-the-shelf program and modified it internally to link it to Whispering Winds' other programs. The following costs may be relevant to the accounting for the new software: Net carrying amount of old software Purchase price of new software Training costs General and administrative costs Direct cost of in-house programmer's time spent on modifying software $1,620 5,980 4,750 3,820 1,730 Prepare journal entry to record the software replacement. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Software 7710 re