Question: On August 1 , Year 1 , SuperCool Software ( SCS ) began developing a software program to allow individuals to customize their investment portfolios.
On August Year SuperCool Software SCS began developing a software program to allow individuals to customize their investment portfolios. Technological feasibility was established on January st of year and the program was available for release on March year Development costs were incurred as follows:August through December Year $ January through January Year February through March Year SCS expects a useful life of five years for the software and total revenues of $ during that time. During Year SCS recognized $ in revenue, included in the $ total revenue estimate.Calculate the required amortization for Year Hint: calculate using both methods, choose the greater number
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