During 2019, Pit Pity Corp. incurred costs to develop and produce a routine, low-risk computer software product, as follows: Completion of detail program design $13,000 Costs incurred for coding and testing to establish technological feasibility $10,000 Other coding costs after establishment of technological feasibility $24,000 Other testing costs after establishment of technological feasibility $20,000 Costs of producing product masters for training materials $15,000 Duplication of computer software and training materials from product masters (1,000 units) $25,000 Packaging product (500 units) $ 9,000 Requirements 1. In Pit Pity's December 31, 2019 balance sheet, what amount should be capitalized as software costs subject to amortization? 2. In Pit Pity's December 31, 2019 balance sheet, what amount should be reported in inventory? 3. In Pit Pity's December 31, 2019 Income Statement, what amount should be expensed? Expense Capitalized Inventory 13,000 24,000 25,000 10,000 20,000 9,000 15,000 $ 23,000 $ 59,000 $ 34,000 HOME 5: If Coding and testing cost incurred prior to the establishment of technological feasibility, what would and answers be for questions 1, 2 and 3 above