In 2020, the E-Software Company capitalized on computer software costs in the amount of $4,000,000. In 2020,
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In 2020, the E-Software Company capitalized on computer software costs in the amount of $4,000,000. In 2020, the first year the product is released to sell, sales total $2,000,000. Estimated future sales for the remaining three-year life (through 2023) of the product are $14,000,000.
Record the amount of amortization of capitalized computer development software costs for 2020.
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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