Grouper 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 Grouper' other programs. The following costs may be relevant to the accounting for the new software: Original cost of old software $9,300 Accumulated amortization of old software 7,440 Purchase price of new software 7,400 Training costs 3,600 General and administrative costs 2,260 Direct cost of in-house programmer's time spent on modifying software 1,540 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 O for the amounts.) Account Titles and Explanation Debit Credit